Quote CurrencyFebruary 7th, 2017 by adminMS
Can euro-dollar survive the dollar? Again, in 1. 38El euro spent the last 24 hours above the important support 1,3635, broke the 1,3734, and came again to 1.38, reaching 1,3785 until the time of preparing this report, 9 pips below the top on Friday. This behavior is consistent with the technical perspectives that we have adopted in the last 2 days after that 1,3635 survived the test. However, assumes that the Euro can achieve more than this, and should not stop at the first barrier on the road up to 1,3794. The most important short-term support is now 1,3742, and kept above it is crucial to achieve more benefits. But if it breaks, we will go to another test of the important 1,3635, and break the price would overthrow to 1,3543.
The nearest resistance is 1.3794, and if it breaks, the positive technical picture will be confirmed, and we will finally see the important resistance levels above 1.38, the most important thing today is 1,3861, and then perhaps look at 1.3936, while the euro is approaching the milestone 1, 40. support: 1,3742: Fibonacci 61.8% for the micro-termino. 1,3635: Fibonacci 61.8% for short term 1,3543: low of 10 of marzoResistencia: 1,3794: rise Friday. 1,3861: unsubscribe from the January 29. If you would like to know more about John Bercow MP, then click here. 1,3938: low 28 of the exchange rate per Enero.analisis: Forexpros.es with the participation of Munther.exoneracion of responsibility: operations of futures, options and foreign exchange carries an associated significant risk and may not be advisable for all types of investor. You should carefully analyze if your particular situation you have the knowledge, the experience and the resources necessary to operate in these markets. You can lose all the capital invested or that their losses exceed the funds initially deposited. Follow our advice, opinions and recommendations and make money with forex.