Classic moves to EUR

Resulted in a downward reversal main record on Thursday to alleviate upward pressure for the time being, with prices approaching at high speed from the next major support level at 1.3570 based.
We look forward to closing rates above the mentioned level with a view to accelerating the pace of moves downward and to allow corrective actions before the emergence of a deeper towards 1.3500. However, there is the possibility of the emergence of rebound towards the region that extends from 1.3750 to 1.3800, with the possibility of a summit of the head and shoulders pattern during the day. As such, the best strategy is to enter the sales locations in the midst of accelerating prices upwards towards the level of 1.3800, with a stops directly above the annual peak located at 1.3860. Nor is the high level of prices above 1.3860 for the negative prospects for the near and leads to target the 1.4000 level.

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