Learning Investment09 - Along with the strengthening of the
euro against the dollar, EUR GBP also rose. At the end of yesterday's session at
0.7866 EURGBP positive closed. The positive acquisition can be resumed again
today. When the analysis was prepared EURGBP has been moved up to 0.7849.
Upside potential is still seen in some time frame.
In the 15-minute chart EURGBP is
above the strong support at 0.7872. With the support of the support EURGBP
potential to rise again with the next target at 0.7928, the highest level
session of February 25. Potential rise on the daily charts also remain
supported by the moving average is at 0.7700 today. If at the end of this
session EURGBP could generate a considerable closing above 0.7875 zone,
potential upward direction will be even greater because it means EURGBP is able
to produce stronger penetration against one of the medium-term resistance.
(Tata Suharta - MarketWatch)
Support: 0.7870, 0.7810, 0.7760
Resistance: 0.7928, 0.7960, 0.8000