Forex: Euro preparing for correction

U.S. Federal Reserve shook the market Forex. Over two sessions the dollar handed over to the euro in more than three figures. And it is very noticeable movement. At 9:00 Moscow time on Thursday, 23 September, trading a pair of euro / dollar held at around 1.34, but apparently, the players start to think about the correction, and the reasons for that.

With European exchanges began outflow, as evidenced by reduction in the stock indices at the sites of the region and the growth of bond peripheral countries. All this seems to prepare for another wave of reduction, but It's too early to say.

From a technical point of view, the euro / dollar reached a complex resistance 1.34, and get it right the first time are unlikely to succeed. This will lead to at least consolidate the quotes, but as a maximum - to the correction to elevation 1,316 dollars / euros.

It should be noted that typically more volatile pound in the current wave of the rally is growing much worse than the euro, which indicates a certain affectation of trades and lack of unity in the opinion of the players. And this is another factor in favor of correction