On the day chart it is well visible as today's trading day has begun with active sales of euro/dollar. Strong level 1.2700 that has caused additional interest in traders working on sale has been thus break. Sliding averages 13, 21 and 34 are directed downwards and specify in remaining bear moods. Histogram MACD is located in a negative zone that as specifies in possible decrease in euro. In the circumstances it is impossible to exclude that that the euro/dollar will reach a point 1.2450/00.
On 4 hour chart exchange rate was beyond a descending triangle, and continues to decrease. Sliding averages as well as on the day chart are directed downwards and specify in the bear spirit of the market. Histogram MACD gives a signal on sale.
Last two hours bears try to break level of support 1.2600 and if it manages to be made it brave traders can conceive about new orders opening on sale, with the purposes on 1.2550 and 1.2520.
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