The Euro continues preserving before the Pound Sterling the rising trend that it has registered from February 18 (line of blue color).
In addition, as soon as EUR overcome the level of 23.6 % of Fibonaci (from 0.81413 to 0.89407) marked with the line of yellow color of the attached graph, this level has turned into his new Support, since I remain verified yesterday.
Therefore, while his new Support continues being respected and do not cross to the fall the line of rising mentioned trend, the Euro can manage to quote again in value above of 0.89, since it happened On October 25 of last year.
On the other hand, of breaking his current Support, the following level of support is the zone of 0.8640 - 0.8650.
If I articulate this one I you turn out to be useful, do a clik in someone of the link who appears in my Blog. Thank you.
