FX & CFD trading involves significant risk
Current price: $1.6226
Comments: Rate holds tight a bit higher session lows. Strong support comes at $1.6190 (50% Fibo $1.5980 - $1.6400). Stronger level is around channel line from Jan 07, at $1.6040/45 today. Below losses may widen to Mar 11, 15 and 16 lows near $1.5970/80. Resistance is near $1.6320, then - at $1.6400 (Mar 22 high), also at $1.6460 (2010 highs).
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