By: iForex.bg
Yesterday Euro/Dollar corrected downwards, climbed to 1.3717, before returning back to the 1.3530 level. Yesterday's flag formation gave us a valid ascending signal after the upwards break. Signals are neutral in the short term and rising in the medium term. Short term support is represented by the 1.3530 level, followed by 1.3455. Immediate resistance is 1.3725. The CCI indicator is in the neutral zone on the 1 and 4 hour charts.
Technical resistance levels: 1.3725 1.3845 1.3910
Technical sup
port levels: 1.3530 1.3455 1.3330