While daily indicators give signals of reverse, the daily Bollinger Bands becomes wider, increasing risk of furhter falling. Hour support goes through near $1,8554, but break below $1,8510/20 can show the Cross the way and allow it to fall to the long-term line of support at $1,8428.
RES 4: $1.8900 23.6% Fibonacci correction level
RES 3: $1.8838 low of Nov. 2006
RES 2: $1.8785 high of 14 Aug.
RES 1: $1.8720 high of 18 Aug.
Current course : $1.8584
SUP 1: $1.8510/20 low of Aug. 2008, correction low of Oct. 2006
SUP 2: $1.8428 Support line from 18 Sept. 2007
SUP 3: $1.8332 100% projection level between $2.1158 - $1.9339, built from $2.0151
SUP 4: $1.8300 lower line of Bollinger Bands
IFC Markets - International Forex Broker
IFC Markets is planning the third Forex Trade Contest for traders. In this time traders all over the world can participate in this contest and may become a winner. Forex traders are welcome to our Contest!
You can be registered on the official site of IFC Markets or to send your request for a registration at
contest@ifcmarkets.com
Participation Fee: no fee
Period: from 15th September to 15th October
Initial Deposit: $100
Leverage: 1:100
Winners: from 1st to 10th place
Awards:
1. place - $2000
2. place - $1500
3. place - $1000
4. place - $800
5. place - $600
6. place - $500
7. place - $500
8. place - $500
9. place - $500
10. place - $500
Special Prize from IFC Markets - $1000 (for one person)
How to participate in the Forex Trade Contest:
1. Download our Trade Terminal NetTradeX and open a DEMO account;
2. Send a number of your opened DEMO account;
3. Send a copy of your passport, ID card for registration.
Please send all information at
registration
* We need a copy of your official document in order to prevent multiple registration.
Click here to download Forex Trade Terminal NetTradeX to start registration
You can know more detailed information at
IFC Markets Support or in our Live Chat