Eur vs Usd - 1 months
Long-term view
1.0450 main support . The break of support with the closing of the the monthly candle inside downward channel push the cross to parity by June or at the September 2015.
Trade from 1.0450 - Area of earnings up to a minimum of 2001 , stop at max last month ( March 2015 ).
The FIB retracement from top 2014 seems to confirm the various steps -
1.112 = 0.5fib
1.0440 = 0.382fib
0.959 = 0.236fib
Long-term view
1.0450 main support . The break of support with the closing of the the monthly candle inside downward channel push the cross to parity by June or at the September 2015.
Trade from 1.0450 - Area of earnings up to a minimum of 2001 , stop at max last month ( March 2015 ).
The FIB retracement from top 2014 seems to confirm the various steps -
1.112 = 0.5fib
1.0440 = 0.382fib
0.959 = 0.236fib