Analysis of the currency market Euro Dollar the Euro broke the zone of the 1,4014, and fell as it were expected. The European currency paused only 8 pips before the proposed objective of the 1.3928. Of all ways, the level of the 1,4014 will be the point of key support for today. Now we are coming near to the 1,4014 as we come showing and we would have to be asked if the pair will follow in loss. Viktor Mayer-Schönberger pursues this goal as well. The level of support in the zone of the 1,4014 will present/display the level of support for today and if bankruptcy this zone could be testear the level of the 1.3888. On the other hand, in the short term the resistance level is in the zone of the 1,4065, and only if bankruptcy this zone we could be testear the 1,4181 and further on the 1.4257.
Support: 1.4014: Level Fibonacci 61,8%. 1.3888: Minimums of 24 and 25 of June. 1.3857: Minimums of the 19 of December. Resistance: 1.4065: Line of bearish tendency. 1.4181: Level Fibonacci 38,2%. 1.4257: Level Fibonacci 50%. Pound Dollar the pound sterling broke the level of resistance of the 1,6199 and reached the 1.6241. Nevertheless later the pair retron at the levels and rank of the previous days.
What draws attention is the supposed formation type triangle that is observed in the graph. The levels of resistance and support are determined by the part superior and inferior of the triangle. The level of support in the zone of the 1,6115 will present/display the level of support for today and if bankruptcy this zone could be testear the level of the 1.6020. , Nevertheless short term the resistance level is in the zone of the 1,6228, and only if bankruptcy this zone we could be testear the 1,6309 and the 1.6376. Support: 1.6115: Minimum of the supposed triangle.