Daily Trading Ideas For EURUSD March 19, 2012

Update 1 (03:33 GMT): After the brief rally which happened on Friday, the prices seem to be consolidating as of now. When we consider the long-term players, sell orders are likely to be clustered at around 1.3150 to 1.3250 levels. Hence, expect limited upward movements in the price from the current levels.

Level Technical Significance
1.3435 30-Day Upper Bollinger
1.3357 Daily High Mar 1
1.3333 Daily High Mar 2
1.3291 Daily High Mar 8
1.3162 03:20 GMT MON 19 MAR
1.306 Intraday Support Mar 16
1.3049 Session Low Mar 16
1.3004 Daily Low Mar 15
1.2974 Daily Low Feb 16

Technical significance levels provided by Thomson Financial LLC


About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

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