EURUSD Support It Is
14
Aug
2012
2012
The EURUSD is comfortable once again in the range that held it for most of last week. Support is at 1.2330 an resistance is at 1.2440. The pair is challenging the bottom of the range. But has had difficulty finding the momentum to push lower. The longer the pair remains above 1.2330 the more likely the cross pushes higher. A break below exposes the 1.2240 level.
Sup 1.23330 1.2240
Res 1.2440
Keane Plan: The 1.2330 level is key. A break below exposes 1.2240. A hold opens the pair up for a run towards 1.2440
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