Tuesday, July 05, 2011
1.6020 as the next level support
The downward break was made, the pound found support at the edges of the indicator Ichimoku resistance to later find the other ends of the edges of Ichimoku indicator, keeping the price within a range. The RSI indicator Force marks an increase in the activity of the price downward so that sales are preferred today. Considering the direction of the index assumes a movement toward the nearest support levels at 1.6055 at 100.0% fibonacci and the edges of the cloud of the indicator and the convergence of the lines upstream and downstream channel at 1.6020 as the next level support. For shopping levels are 1.6130 / 40 if more break to 1.6180 / 90 For sales levels would be at 1.6030 / 20 1.5980 / 70.
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Forex Analysis
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