Euro dollar parity in the course of ...

Our last comment on July 26,

The dollar gained against the euro again for an important cause of decline is faster birininde, parity, especially at the beginning of May after a sharp decline to respond to the mentioned works.

Also cut the rate of decrease in the market, have prevented the creation of panic are now in the process we have come to a level of importance. (1.3322)

As seen below this level grafikde starting April 30 that the level of the hard fall.

The following chart Euro / dollar parity would see the day of closing.

The following chart is the last trading day Friday closing until August 6 parity can see the movement.

Now that we have identified the goal of parity seems to be within the yellow circle.

K.1 until this Thursday at the latest. Squeeze the index may require a decision.

We adapt our earlier scenario, we expect that this level of sales support, including parity to 1.2866 can be withdrawn.




Drawn with a yellow circle in the chart to the levels we are now arrived.

K.1 this level. It was in the target level. This level can be achieved within 15 working days we had to share with you that that is Friday 15th August 6 Our goal was realized this day ..
 
As performed here, our expectations UD3 sales. We can draw the line. (Will create new trends)

UD1 parity. 'I went up on 1/7/2010 and UD2. In the July 13 passed.

U.D.3. may occur during the month of August.

In this process, short-term 1 created a rising trend was and still expect to end this week, according to our scenario. (Yellow line in the chart)

Comments on July 18 we have the scenario we had constructed, and here we took the second scenario.

Below is a quote from our comments in the past it has;

<<<1) try to hold the horizontal support of the Euro Dollar parity here to relax for the UD2 UD2 and from there to put an end immediately if passed would have to rise.

If we or the more positive thoughts;

2) 1.2866 Euro Dollar parity with the horizontal hold on the trend of resistance at 1.3322 up from here we think the GROW strong pressure compared with the horizontal drains in the trend of selling pressure coming back here to relax 1.2866 horizontal trend ..
So that 1 speak long fall trends and 2 would have put an end to the trend .. According to this chart, you can create a dish formation ..

The second scenario is based on a move here.

K.1. break at the latest 15 working days unless the target can be expected to see. >>>

But not yet started turning in that direction this week, together we will see if the occurrence of our expectations ..

Note:
The following chart from our last version we had on July 26. Then I can publish the chart to compare.


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K.1.: Short-term rise 1 trend
U.D.1. : Speak long fallen 1 trend
U.D.2. : Speak long fallen 2 trend
U.D.3. : Speak long fallen 3 trend


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