1.3707 the low s and there’s plenty of support around the big figure. The 100 dma has been smoked and that will add another layer to the sellers resistance walls currently being built.
EUR/USD daily chart 13 05 2014
Below 1.37 there are minor support levels at 1.3670 and 1.3640 ahead of the 200 dma at 1.3615.
Here are some updated orders too;
Offers – 1.3775, 1.3780 (stops), 1.3800 (stops thru 1.3805)
Bids – 1.3700, 1.3695, 1.3670 (stops), 1.3645, 1.3600
These can be used in addition to Mike’s earlier orders.
