Minutes before it initiates the London session of March 31, the Euro has demonstrated throughout this week that the level of 23.6 % of Fibonaci's setbacks planned from the 1.34274 to the 1.42479 (line of red color), it is a strong support for this Currency with regard to the North American Dollar, as it is possible to estimate in the attached graph.
Anyway, it is important bear in mind that we are at 30 hours of which of to knowing the information of the Not Farm Pay Roll in the United States (NFPR), the negotiation with this couple of Currencies can enter a moment of little movement to the wait of this information, which is one of more important than month a month they are announced.
Anyway, the possible raise in the rate of interest of the Euro that is waited for the following meeting of the European Central Bank, will continue being the engine that pushes to the Euro to the rise with regard to all other Currencies, Mr. Trichet has the word.
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