EURUSD Technical Chart | 13-Dec-2011

Let us see the chart of EURUSD currency pair with Doda-Donchian and Doda-Bollinger bands indicator.

Doda-Donchian gave sell signal on EURUSD @1.33547. The same was already confirmed by Doda-Bollinger Bands. So, it started moving downward. On the upper side, the strong resistance will be at 1.34057 and on the downside, support will be at 1.3148, 1.30987. Watch these support levels carefully. There SHOULD be some bounce back after kissing these levels.