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![]() The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.3060 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.3320. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3060 with a 1st objective of 1.3120, then 1.3150. A break in 1.3040 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5560 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5560 with a 1st objective of 1.5620, then 1.5650. A break in 1.5540 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.3050 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.3290. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3050 with a 1st objective of 1.3120, then 1.3150. A break in 1.3030 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.5540 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.5590. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5540 with a 1st objective of 1.5590, then 1.5620. A break in 1.5520 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate is currently testing the intermediate resistance of its medium term bearish channel in 1.3130 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1.3270. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3130 with a 1st objective of 1.3190, then 1.3230. A break in 1.3110 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5705 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5705 with a 1st objective of 1.5770, then 1.5790. A break in 1.5690 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate is currently testing the upper limit of its medium term bearish channel in 1.5770 and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend. According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.5770 with a 1st objective of 1.5850, then 1.5870. A break in 1.5750 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate broke the intermediate resistance of its medium term bearish channel in 1.3010 leading to an acceleration. A pull back on these levels is expected before a resumption of bullish. According to previous events, the market indicates a bullish opportunity on the levels of 1.3010 with a 1st objective of 1.3070, then 1.3090. A break in 1.2990 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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![]() The spot rate broke the intermediate resistance of its medium term bearish channel in 1.3005 leading to an acceleration. A pull back on these levels is expected before a resumption of bullish. According to previous events, the market indicates a bullish opportunity on the levels of 1.3005 with a 1st objective of 1.3070, then 1.3090. A break in 1.2980 would invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2011 |
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