Our analyst Stoyan Mihailov will be on a leave of absence. In the meantime, the daily technical analysis will be updated by our Dealing Department.
The outlook is positive for breakthrough the level at 1. In negative direction the support levels are at 1. The movement of the currency pair is right before a test at the level Successful breakthrough at this level will lead to movement up to In negative direction the support level will be at After the yesterday breakthrough of the resistance level at 1.
The unsuccessful breakthrough of the resistance level from yesterday, leaded to test in the support level at The forecast is negative for new test at and after that in negative direction we could take the support level at and after that at The forecast is still positive.
Only a breakthrough at level of will lead to another decrease and test at These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis.
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