And here is the movement! Euro-Dollar a "The Fibonacci levels As expected, there was a bit preferred scenarios, which said yesterday that includes the price to start falling from the same, and the breaking of 1.3337, support short term. The price broke the support specified in the report of 1.3337 yesterday, and successfully achieved the first aim of 1.3204, and was lucky about the second proposed target 1.3113. Therefore, there is no change in the technical perspective, we still believe that this downtrend is capable of breaking the record 1.30, and enter the 1.20s for the first time in a year. But after the collapse of yesterday we could see a correction to the upside, which should remain within the channel drawn on the accompanying graph. That's why we focus on short-term levels for today, waiting for one of us the address for the next few hours. The short term support is near 1.3188, and its break indicate a drop to 1.3113 in the first place, then maybe we will get to see 1.3050.
Resistance is at 1.3247, and its rupture would indicate that we are in a correction to the upside for the fall of yesterday, with the ideal target 1.3310 and the maximum target channel at the top of 1.3366. We see that for the euro is very difficult to break this resistance decisively. Support: a 1.3188: uptrend line from the bottom of yesterday's intraday charts. a 1.3113: Low of 30 March 2009. a 1.3050: Rise of the April 20, 2009. Resistance: 1.3247 a : Fibonacci 38.2% for the last drop from 1.3414.
a 1.3310: Fibonacci 61.8% for the last drop from 1.3414. a 1.3366: Stop downstream channel on the chart by hora.Analisis by: Forexpros.es Munther involving Marji. More Forex Disclaimer: The operations of futures, options and foreign exchange carries a risk significant associated and may not be suitable for all investors. Should consider carefully whether your particular situation before you have the knowledge, experience and resources necessary to operate in these markets. You can lose all the capital invested, or that their losses exceed the funds originally deposited. Details can be found by clicking Senator Elizabeth Warren or emailing the administrator. Follow our advice, opinions and recommendations and make money with forex.Saludos, Forexpros.es.