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Daily technical outlook 3-10-10

posted by Avatar liviuf 702 days ago in EUR, AUD, Technical made popular 702 days ago

EURUSD Support on the 61.8% of 1.3435-1.3735 at 1.3550 remains intact after the 2nd test but the euro’s recovery is limited, facing intra-day resistance around 1.3610. In case of a rally, 1.3690/00 is the key barrier to watch, as a short-term range breakout confirmation would be provided on a sustained break above the trend line coming from 1.3840.
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