The rally that started on December 20 seems exhausted at the level of 50% Fibonacci retracement compared to 2011 decline (May-December) and the price evolution from the last sessions shows the bears domination (at least temporary).
The 1.0000-1.0100 RON area represents a support for the price and in case that it will be broke, the price can reach very quickly in the area of 0.9500 RON/share.
For investors with high risk approach, the 1.0100 RON area represents a good zone for purchase, with target in the last highs area (1.0650 RON level).
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