Firstly, check fibo retracement from 1.383 to 1.329, then you can see the %76.4 level right now.
I wanna ask the question, if this is the new downtrend, what are the next processes? That's why, i apply fibo extention from 1.383 to 1.329 and retracement to 1.37 ( right now), then it shows the other downtrend levels.
Critical level is 1.36- 1.358... I think if it closes two days or one week below this area, then i will wait quickly 1.33x area. At the end my target is under 1.30. 1.28 area is soo hard to pass but in the middle of 2014 we will see 1.23...
If 1.36 keep to support currency, then there is possiblity to make double top around 1.38 area...
I wanna ask the question, if this is the new downtrend, what are the next processes? That's why, i apply fibo extention from 1.383 to 1.329 and retracement to 1.37 ( right now), then it shows the other downtrend levels.
Critical level is 1.36- 1.358... I think if it closes two days or one week below this area, then i will wait quickly 1.33x area. At the end my target is under 1.30. 1.28 area is soo hard to pass but in the middle of 2014 we will see 1.23...
If 1.36 keep to support currency, then there is possiblity to make double top around 1.38 area...