Japanese warned to remain inside

As low levels of radiation float toward Tokyo, some flee, others stock up on supplies.

EUR/USD Mar. 15 – Drifting to Lower Range

EUR/USD drifts into lower range as discussions in Europe continue and the fear of a meltdown in Japan’s nuclear reactors continues. Will we see a breakout after the US rate decision? Here’s a quick update on technicals, fundamentals and community trends.

EUR/USD Technicals

• Asian session:  After trading at high ground, Euro/Dollar drifted to a lower range and made swings towards lower support.
• Current range – 1.3860 – 1.3950.

• Further levels in both directions: Below 1.3860, 1.3760, 1.37, 1.3610, 1.35, 1.3440, 1.3334, 1.3267, 1.3180, 1.3080, 1.2970.
• Above:  1.3950, , 1.4030, 1.4160, 1.4282, 1.44
• While the round number of 1.40 is eyed by many, real resistance is only at 1.4030. This was clearly seen just now.