Since 4 weeks stands in relation to the euro currency against the U.S. dollar (EUR / USD) at U.S. $ 1.3500 it from stabilizing the area. A soil sample in the form of a train starts to Rounding Bottoms. After several months of sales, based on distinctive U.S. $ 1.5145 late November 2009, the euro depreciated by 11%, finally bottoming timid tendencies.
Every day new messages raining down on us from Greece and the EUR / USD stabilized. This indicates that the messages can be expected to be priced in to Greece in the current market quotations.
Euro against U.S. Dollar (EUR / USD), currently 1.3654 USD The overall downward trend since November 2009 starting

from U.S. $ 1.5145 is shown. The course event in February is marked by a bottoming process (Rounding Bottom). The chances are good for a counter trend rally, so a comprehensive counter-top. Chart Technical targets are for 1,3900-1,4000 USD, then is certainly an achievement of the range of 1.4150 USD possible.
From today's perspective, we evaluate the recovery in the sense of a technical reaction to the top. The currency ratio is grossly oversold. Following the recovery of a continuation of the medium-term correction since late 2009 is likely to train new lows. Read more information about the BIAS-leading chart analyzes, which are appended below a copy.
Important: In order not to destroy the bottoming process, should be EUR / USD now no longer fall below 1.3434 dollars.
Attached to the price movements of EUR / USD since November 2009 (1 candle = 1 days).