EUR/USD Technical Analysis 21.03.2012

Amy Forex

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Hi Traders,

The euro rose to reach the Fibonacci 23.6% level at 1.3275 after we witnessed yesterday a downtrend move. Today, we expect that the euro will continue its rebound towards the $1.3325 level and if it breach up of this level the next target will be the Ichumoku resistance level at $1.3434.
Any correction down towards the 1.3220-1.3200 area will be a good opportunities to enter a buy position.

chart21.png


Good Luck :)
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