The inability of euro / dollar bridge mark 1.4300 has led to a decline in pairs, which intensified after a sudden reduction in the index of consumer sentiment from the University of Michigan (up to 63.2 in August compared with a forecast of 68.1 and 66.0 in July) - as a result of a couple found below the intraday minimum 1.4250. If the euro / dollar falls below this level, the couple could rush to the next support at 1.4200 (a minimum of 13 August), and 1.4180. In the case of an ascending movement of the initial resistance level will be 1.4300, a maximum of 13 August at 1.4325 and 1.4350/60 region. At this time, a pair of Euro / dollar was at around 1.4222.
Friday, August 14, 2009
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