The last movement of this week giving priority to implement the descending pattern, the purpose of which was to update the annual minimum 0.8156. Today we can observe a surge in demand in the breakdown of this mark. This fact indicates a high probability of a compensatory model to the last mid-term reduction that began in mid-March. The main purpose of growth is becoming an important medium-term resistance level 0.8235, which already serves as a support for the formation of impulse pattern down. Medium- priority model.
An alternative model will be developed if the rate will return to a downward trend that will allow it to consolidate below 0.8156 . This will open the way to the decline to the next support level located at 0.8098 . From the perspective of intraday fluctuations , the current surge of activity a part of buyers fault testing week 0.8159-0.8135. False breakout bottom border closures triggered a large number of loss-making positions in the futures market , which allowed not only to stop the fall, but also form the first reversal model . If the upward movement will continue , the course runs into strong resistance is at fault testing day 0.8193-0.8186, which is located just above the right minimum of two significant previous months. Intraday priority model has the following form.
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