Wednesday, May 6, 2009

Commerzbank expects reduction in euro / dollar

Rising correction euro / dollar stopped, and steam again revert to the target level of correction of Fibonacci at $ 1.3415. According to analysts of Commerzbank, may break support at $ 1.3210, which confirms a maximum correction at around $ 1.3435. Since then, may further decrease to the level of $ 1.3080 and $ 1.3010. Now the euro / dollar was at $ 1.3311.

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