FXstreet.com (Barcelona) - Having closed above the 0.9438 key resistance, completing a short to medium term base and eroding the 200-day moving average (0.9397), Commerzbank analysts see current price action as positive. “Technical indicators are positive, MACD is above zero, we have a buy signal on the DMI and Sloe Stochastics are positive. We look for a deeper recovery to 0.9505 then 0.9594”, wrote analyst Karen Jones, expecting 0.9380 and 0.9325 to hold against dips lower.