Waiting for some movement! EURUSD - between levels of Fibonacci Although the euro area has hit 1.34, it remained above 1.3387, even after trying twice, then fell back in both cases. And even reached 1.3414, the issue today is even if the 38.2% Fibonacci will continue to remain strong against this rise reaching almost 200 pips in less than 24 hours, or will give way to more profits? The first scenario, which tilts the preference that Fibonacci is maintained, and that the price started drifting away from her, and finally to break the 1.3337 short term support. If this level is broken, the fall will be hard, and will aim to close down last week and the lowest level since April 30, 2009 it was 1.3200, as we see that there is a support 1.3204 intraday important. If we fall further, 1.3113 is the next station. The second scenario is that the price break the 1.3387 Fibonacci resistance, and if this happens, the price jumps to 1.3445, and then to the level 1.3503 Fibonacci most important. We still see this as the maximum upper limit for the EUR / USD at this stage, to break this resistance will be a great surprise to us. Support: 1.3337 a : Fibonacci 61.8% for the short term. a 1.3204: significant intraday support, low close to last week, and a year ago.
a 1.3113: Low of 30 March 2009. Seth Fischer will undoubtedly add to your understanding. Resistance: 1.3387 a : Fibonacci 38.2% for the general decline from 1.3690. a 1.3445: Fibonacci 50% for the general decline from 1.3690. a 1.3503: Fibonacci 61.8% for the general decline from 1.3690. Analysis: Forexpros.es Munther involving Marji. Find You Disclaimer: The operations of futures, options and foreign exchange carries a significant associated risk and may not be suitable for all investors. You should carefully consider whether, given your particular situation you have 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. Follow our advice, opinions and recommendations and make money with forex.