Weekly Charts:

Very strong bearish trend. RSI is deep in oversold zone and is still looking to go down. It is at this moment at 13. We had green bullish divergence but that was failed one. Then trixes both change color to red and now are crossed and red. Giving us bearish signal.

Daily Chart:

We are low, we are still in a bearish trend. RSI is once again going down and right now it is at 31. Trixes were crossed and both were red. But now all of the sudden fast trix gave us green bullish divergence and change color to green.

4 Hours Chart:

Very strong bearish trend. RSI is already very low and it is inside oversold zone and it is still going down. At this moment it is at 14. Trixes are crossed and both are red. Still going down.

Hourly Chart:

Neutral trend. We have some bullish movement. RSI is as well going up and right now it is at 58. Trixes were in oversold zone and now are crossed and both are green.

Weekly Fibonacci Pivot Line is at 1,28306 and after we touch it we went down and right now we are at 1,26647.

Weekly Support Lines:
1,27067
1,25855
1,25169
1,24510
1,23271
1,22058

Weekly Resistance Lines:
1,28965
1,29625
1,30864
1,32076
1,32762
1,33421

Plan:
Last week Standard and Poor Credit Rating lowering of several European countries make the devastating blow to Euro. Euro is now at lowest point in last 2 years.

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