Yesterday on the growth to the 1.1196 the euro/dollar was sold, bringing its rate down to the area of the psychological level of 1.1000. Today Bears have tested 1.0973 mark, after which there was a rebound to the level of 1.1082. Loss of 1.1000 will lead to a testing of support in the area 1.0918, a breakthrough of which will open the way towards 1.0725-1.06930.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk