Daily Market Overview: EUR/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.3285
Daily minimum: 1.3212

Despite strong bullish sentiment, EUR/USD was falling until it met a support at 1.3226. The pair struggled at 1.3241/20 but prolonged its downward movement. EUR/USD currently is eroding support at 1.3195. In case the pair breaks this support level, it may drop further till next support at 1.3141.

Daily Resistance: 1.3271; 1.3374; 1.3486.
Daily Support: 1.3200; 1.3141; 1.3190/95.
Daily Bias: Strongly bullish

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Wed, 21 Mar 2012 19:32:37 GMT

Daily Market Overview: EUR/JPY

After finding resistance at 111.32 the pair bounced off and sharply fell, broke the support at 111.17 and extended dip breaching a next support at 110.62. EUR/JPY may decline further until next support at 110.41.

Wed, 21 Mar 2012 08:52:23 GMT

USD/CHF may slide down to 0.9066

There is little chance of the pair closing below 0.9066, however, we cannot rule out the possibility of a drop down to 0.8998. At the same time resistances at 0.9179, 0.9205 and 0.9300 will attempt to prevent USD/CHF from recovering.

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