The gap of the euro dollar!EURUSD change of trend in the medium term. The euro surpassed resistance of 1,3374 specified in the report on Friday successfully reached the first objective of 1,3489. But the most important thing is the gap that was generated in the first week of April, creating a great event technique, which is to break the trend line in the medium term, which is the line of fall of 1,5139 in the daily graphic. This line, in which we focused on all week, is very important, has managed to thwart the attempts of the euro to the rise during the last 3 months, and now is this giving way, how much affect this trend the pair EUR / USD? We can say that the euro is finally free of downward pressure in the medium term, in the coming days and weeks will rise to area with a few points above the current ones. But there is one important condition for this, and is the keep the trade above the dashed line. As for the short term, the resistance is in 1,3709, the divisions they indicate the continuation in this upward movement.

The next set of targets will be 1,3794 1,3861. In terms of support, is found in 1,3648, and the divisions that would indicate a correction for full movement from 1,3281, with the ideal objective of the zone for this correction between 1,3534 and 1, 3437. support: 1,3648: trend line upward from the April low. 1,3534: Fibonacci of 38.8% of the rise of 1,3281. 1,3437: Fibonacci 61.8% of the rise of 1,3281. Resistance: 1,3709: Fibonacci 23.6% of the fall of 1,5143 to 1,3266.

1,3794: it stands from March 12. 1,3861: low from January 29. Analysis of the change of currencies by: with the participation of Munther Marji.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, experience and resources required for operating 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.Greetings, Forexpros.


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