Technical Analysis: Technical Summary for Majors

[Charles]

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EUR/USD Repeated failure to hold gains above 1.45 barrier has triggered fresh reversal through 1.4406 and 1.4376 supports, finding temporary support at 1.4365. Fresh strength from here broke above 1.44 and regained 1.4435 so far, with reclaim of 1.4455/75, 20 day MA / intraday high, needed to re-focus 1.4500/18, with [potential break above the latter to target 1.4579. Upside rejection under 1.4455, however, would risk lower top ahead of fresh leg lower. Below 1.4365 to focus 1.4290/40. Res: http://feeds.feedburner.com/~ff/technical/analysis-reports?d=yIl2AUoC8zA (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=92uIqsVrLfQ:z3ZXs04GSd0:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/technical/analysis-reports?d=qj6IDK7rITs (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=92uIqsVrLfQ:z3ZXs04GSd0:qj6IDK7rITs) http://feeds.feedburner.com/~ff/technical/analysis-reports?i=92uIqsVrLfQ:z3ZXs04GSd0:F7zBnMyn0Lo (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=92uIqsVrLfQ:z3ZXs04GSd0:F7zBnMyn0Lo)


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