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martes, 19 de abril de 2011

Updated of EUR/CHF


As soon as the couple EUR/CHF  respect the Support of 1.2730, as we had predicted it in the Post of yesterday. 

Near the end of the Asian trading session, the Euro this one crossing to the rise the level of 38.2 % of Fibonaci's setbacks indicated in yellow color (from 1.32423 to 1.27287).


If it manages to cross consistently the level of 38.2 %, his following Resistance is the zone of 50 %, with prices around the 1.2985.

In case the level of 38.2 % turns into his current Resistance, then the Euro might quote between the zone of 38.2 and 23.6 %, which corresponds to the range from 1.2925 to 1.2850.