Tuesday, April 28, 2009

Euro / dollar. Technical opinion 28.4.2009

Euro Breaks the neck line of the head and shoulders on the time schedule, and now the couple aims to move towards $ 1.2944. Initial support is taking place around $ 1.2986, and the break below would signal a further move towards $ 1.2870/88. Another negative sign for the bulls is the formation of Bear absorption in the afternoon schedule and turn 14-day RSI below.

RES 4: $ 1.3314/23 from 50% of traffic $ 1.3739 - $ 1.2888, 38.2% of the traffic $ 1.4721 - $ 1.2459
RES 3: $ 1.3300 resistance line from March 23
RES 2: $ 1.3200/19 21 and 100-day moving average
RES 1: $ 1.3090 5-Day Moving Average

The current rate of euro / dollar: $ 1.3019

SUP 1: $ 1.2986 76.4% of the traffic $ 1.2889 - $ 1.3302
SUP 2: $ 1.2870/88 maximum of 16 March, a minimum of 20 and 22 April, the foundation day tape Bollindzhera
SUP 3: $ 1.2800 support line from March 23
SUP 4: $ 1.2761 76.4 on the motion of $ 1.2459 - $ 1.3739

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