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Eur/Usd Technical Review Ahead Of QE2

TheLFB Eur/Usd Review 15min
TheLFB Eur/Usd Review 15min

Swing Point R1 support at 1.3980. Short targets 1.3920 the 20-day SMA. 
Swing Point R2 resistance at 1.4070. Long target 1.4120 Swing Point R3.

TheLFB Eur/Usd Review 30min
TheLFB Eur/Usd Review 30min

Fib support at 1.4010. Short targets 1.3980 and 1.3950 if stocks drop lower.
Fib resistance at 1.4150. Long target 1.4350 the May 2009 swing point high.

TheLFB Eur/Usd Review 4H
TheLFB Eur/Usd Review 4H

 Trend-line support at 1.3930. Fib support at 1.3800.
Short targets 1.3650 and 1.3550 if stocks drop lower
Fib resistance at 1.4150. Long target 1.4350 May 2009 swing point high

TheLFB Eur/Usd Review Daily Chart
TheLFB Eur/Usd Review Daily Chart

 Fib support at 1.3630. Short targets 1.3350 if stocks drop lower.
Fib resistance at 1.4150. Long target 1.4350 May 2009 swing point high.



Disclosure: TheLFB runs an automated trading program that is constantly one side of the dollar or the other, in-line with the detail posted in the article.

Disclosure: TheLFB runs an automated trading program that is constantly one side of the dollar or the other, in-line with the detail posted in the article.