EURUSD Analysis 2011.08.30

by Michael on August 30, 2011

[Forex | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.4596), this would confirm continuation of the bullish trend, towards next objective upwards (1.4434) then (1.4393) and (1.4313) will follow.You may try to buy from (1.4481), (1.4434), and (1.4393) with a stop loss below (1.4480).

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