The market manipulations analysis of the EUR/USD by Alexey Portnov for February 17, 2011

The euro declined from the forecasted levels; since the US session we have seen an advance, break of the trading range and fixation above it. Now I am expecting a test of the support zone near 1.3510-1.3535. Further we are likely to see growth (if the price declines below this zone, the growth can be continuous).

Trading recommendations:

-buy after successful testing of support levels wath a target at 1.3630