07 December 2010

Euro and dollar

Eurusd is currently trading at 1.3370. Euro index is at a little intraday resistance 107.00 seen on m15 chart.



Bigger picture view:


Dollar index currently at intraday support 79.30. It bounced from this level yesterday, but failed to pass 80.00. This could be a second attempt to try break 80.00 and move higher. Support is also a 38.2% fibonacci retracement and yesterdays low.



Usdchf is back near the up trendline on h4 timeframe. Testing the support level it created yesterday.



Update: indexes reacted to the levels



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