September 24, 2014
Looks like the price will continue the retracement, now is trading below 61,8% and is expected to decrease further. The price will hit the lower median line very soon, maybe will decrease along this line toward next support zone from the 76.4% retracement level. If this support will not hold then this bearish movement will continue with next target at 0,772 or even lower.
By Olimpiu Tuns – Market Analyst and Owner of http://ovtbusiness.com/en/
