In recent months market pushed this instrument to reach an old area, visited on September 2005 as support and later on August 2009 used as resistance. Precisely, the spot lies on 1.7042 as clearly seen in next chart (monthly TF).
Analyzing it deeper, I find some important resistances broken and even already confirmed as supports: see next chart with following explanation.
[list=1][/list]…
Analyzing it deeper, I find some important resistances broken and even already confirmed as supports: see next chart with following explanation.
[list=1][/list]…