A decisive day for the establishment of the address! Euro-dollar pay attention to 1,2608 the euro broke the holder specified in the report of yesterday 1,2706 and successfully achieved the first goal, stopping only 4 points below this! Today, the goal of yesterday has become the most important support, since he managed to stop the last episode of the series of crashes that began near the level of Fibonacci 1,3105, about which we have talked about before. If the price keeps above this support, it will finally take a rest, and we could see a correction on the rise after this drop of more than 500 pts in less than 48 hours! Today resistance is 1,2693, and its breakdown would indicate that we are already in a correction on the upside for the total drop from 1,3092. The objectives ideals for this correction are 1,2790 and 1,2848, on which we focus today. Later, the price can reach the third ideal objective for this correction, which is at 1.2906. Support is as we have said, located in the goal which was met yesterday 1,260, and the rupture renationalised the price up to 1,2511 and then to a new low of the cycle in 1,2455. Support: 1,2608: important intraday low. 1,2511: Unsubscribe from last week and year.

1,2455: March 04, 2009 low, an important minimum. Resistance: 1,2693: stop important intraday. 1,2790: Fibonacci 38.2% for fall from 1,3092. 1,2848: Fibonacci of 50% for the fall from 1,3092. Analysis of quote dollar per: with the participation of Munther. Disclaimer: the operation 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 its losses exceeded funds deposited initially. Follow our advice, opinions and recommendations and make money with forex.

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