Forecast for the week 19 Feb – 23 Feb 2007
A down impulse is going on while there is no turn on m15-30 upwards
1.Supports
1.9462 - local minimum
1.9442 crossing of fibo targets (including 162% from a recoil on m15 under the condition of 1.9471 puncture)
1.9420 (crossing of grids)
1.9401 - cancellation of the up wave of GBP
ZIFRAS upwards and 2 variants
2.A powerful up trend with puncture of the max on h4 (1.9677)
3. 3-d up wave on h4 (162% 1.9810)
4.A recoil grid on h4.
5. Down movement. An important level is 1.9401
6. a flat-like up trend
* not puncture of the max on h4
* formation of the 2-d wave (B) and then a trip downwards
7. Up movement. An important level is 1.9677