Support Levels To Eye In EUR/USD

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Support Levels To Eye In EUR/USD

By Greg Michalowski on September 22, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

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The high from last September came in at 1.4825. The high today reached 1.4820. The high on this last move higher took the EURUSD up to the 1.4815 level.

On the downside, the 100 bar MA on the 5 minute chart comes in at the 1.4775 level. The 38.2% of the days range remains at 1.4763.

These are the support levels to eye. The EURUSD has been above the 100 bar moving average since 11 AM NY time yesterday.

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