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EUR/USD Technical Analysis 04.03.2013

By , Currency Strategist
03 April 2013 10:16 GMT

EUR/USD Technical Analysis– Prices are testing falling trend line resistance at 1.2865, with a break upward exposing the 1.30 figure and the 23.6% Fibonacci expansion at 1.3144. Near-term support is at 1.2750, the March 27 low, with a push beneath that eyeing the November 13 bottom at 1.2659.

Forex_EURUSD_Technical_Analysis_04.03.2013_body_Picture_5.png, EUR/USD Technical Analysis 04.03.2013

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--- Written by Ilya Spivak, Currency Strategist for

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03 April 2013 10:16 GMT