| News: 2012-01-27 11:29:23 UTC+00 3 weeks, 5 days, 17 hours, 57 min. ago | ||||||
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The spot rate is moving in a medium-term trading range and approaching the lower limit of this one at 76.60 suggesting a rebound. However, a break through these levels will initiate a bearish trend.
Technical indicators give buy-signals suggesting a rebound in the short term.
According to previous events, the market will indicate a bullish opportunity at the levels of 76.60 with the 1st objective of 77.20, and then of 77.40. A puncture of 76.40 will change this scenario.
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| Performed by Analytical expert: Albert Fitoussi | ||
| InstaForex Companies Group © 2007-2012 |
| Recommend: Forex Analytics | ||
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