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Relative quiet …! A change of address? EURUSD – The top of the next channel looks as exciting as the Euro Surpassed the resistance Specified in the report yesterday, and jump to more than 100 pts., Without The Proper Achieving target of 1.2435 (maximum 1.2412 yesterday was). This led to rise you near the top Euro per hour channel, Which HAD Been falling since the peak on May 10. The top line of This channel is of great Importance: it is the custodian of downtrend. Not to mention the breakdown of This That Would result in a line change of direction in the short term. But I Doubt That Will Change the gloomy outlook for the medium term. This line is running at 1.2399 Currently, and if broken, Will soar to peel off from the important 1.2511. It exceeded Also, the next target 1.2604 Will Be. Moreover, the support is Given by the uptrend Obviously line from yesterday’s low on intraday charts. Million Dollar Pips This line is Currently at 1.2336, and quoting the price Will it break Into the canal. This Will Lead To Another fall, aiming first to test 1.2223 low yesterday, and Then to a new 4-year low 1.2113. Support: • 1.2336: uptrend since the low of This week (so far). • 1.2223: low yesterday. • 1.2113, down from April 17, 2006. Resistance: • 1.2399, downstream channel on top of the table for hours. • 1.2511, down from 10 May. • 1.2604: significant drop from 12 May. Quotes: participation of Munther.Exoneración Forexpros.es Disclaimer: Trading futures, options and currencies Involves Risk of loss and substantial businesses May Not Be Suitable for all investors. Should Carefully Consider whether your particular situation before you Have the Knowledge, experience and resources to Operate In These NECESSARY markets. Can You lose all the capital invested, or Their Losses That Exceed the funds originally deposited. Follow our advice, opinions and recommendations and make money with forex.Saludos, Forexpros.es