Monday, May 4, 2009

Euro / dollar. Technical opinion 04/5/09

Until the pair traded above $ 1.3120 (61.8% correction from $ 1.2964-1.3385 and the 50% of the
$ 1.2885-1.3885) aptrend with the technical end, at $ 1.3450 (projection of 62% from $ 1.2964-1.3385, otmerennaya with $ 1.3190) remains valid, but only a break above $ 1.3582 (up to 6 April) would send a signal to start the second wave of recovery with a minimum around $ 1.2460.

$ 1.3413 RES 3 - correction of 61.8% from $ 1.3739-1.2885
RES 2 $ 1.3385 - up to 30 April
RES 1 $ 1.3328 - up to 1 May
Current level: $ 1.3321
$ 1.3239 SUP 1 - hour support
SUP 2 $ 1.3190 - a minimum of 30 April
SUP 3 $ 1.3120 - a minimum of 29 April

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