EURUSD Analysis 2012.01.19

by Michael on January 19, 2012

[Forex-1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.28181), this would confirm continuation of the bearish trend, towards next objective downwards (1.27751) then (1.27287) and (1.26869) will follow.We will try to sell EURUSD from our mentioned resistance levels.

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