EUR/USD Open 1.3018 High 1.3090 Low 1.3003 Close 1.3029

On Wednesday Euro/Dollar continued decreasing insignificantly with 80 pips. The European currency depreciated from 1.3090 to 1.3010 yesterday, not matching the positive Interbank sentiment projection at almost +2%, closing the day at 1.3029. This morning the Euro weakened slightly further, reaching 1.3003. On the 1 hour chart the downward channel looks good, while on the 3 hour chart range trading has formed. Break above the nearest resistance and yesterday's top at 1.3090 may trigger further strengthening of the Euro. Going bellow yesterday's bottom and first support at 1.3003, however, would confirm continuation of the bearish trend, towards next objective downwards 1.2880. There are no major economic events for EU today. Quotes are moving just bellow the 20 and 50 EMA on the 1 hour chart, indicating slim bearish pressure. The value of the RSI indicator is neutral and inclining upwards, MACD is negative and calm, while CCI has thinly crossed down the 100 line on the 1 hour chart, giving overall neutral signals.
Technical resistance levels: 1.3090 1.3208 1.3333
Technical support levels: 1.3003 1.2880 1.2674
Yesterday we made +35 pips profit on EUR/USD from the following sent to clients only signal:
5:19 GMT Sell EUR/USD at 1.3065 SL 1.3091 TP 1.3015, exit sent 6:09 GMT+1.
Total yesterday +112, as shown in details at http://www.zifx.com/performance-past.php.

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