SUPPORT TRENDLINE IN EURUSD (FIBER) 31/03/15

• 1.0764: today's current daily low at the time of preparing this analysis.
• 1.0738: the micro term 71.4% retracement, calculated for the rising move from Mar 19th low 1.0613 to Thursday's 22-day high 1.1052.
• 1.0676: the micro term 85.7% retracement, calculated for the rising move from Mar 19th low 1.0613 to Thursday's 22-day high 1.1052.
• 1.0627: an important support which combines the rising trend line from Mar 13th 12-year low, with 71.4% retracement, calculated for the rising move from Mar 13th 12-year low itself 1.0462 to Wednesday’s FED-high 2-week high 1.1040. PS: 1.1040 is still the orthodox top of wave (1) in spite of reaching a higher high at 1.1052 yesterday, since this high is a part of wave (2).
• 1.0613: Mar 19th low.
• 1.0580: Mar 18th low.
• 1.0627: 85.7% retracement, calculated for the rising move from Mar 13th 12-year low itself 1.0462 to Wednesday’s FED-high 2-week high 1.1040.
• 1.0494: Mar 12th low.
• 1.0462: March 13th 12-year low.
• 1.0454: the cyclical 71.4% retracement level, calculated for the enormous move from October 2000 all-time low 0.8220 to July 2008 all-time high 1.6038.
• 1.0419: a weekly close from Dec 2002.
• 1.0359: a weekly low from Jan 2003.
• 1.0333: a weekly high & a weekly low from Dec 2002 (the same down to the pip).