EURUSD Analysis 2012.06.01

by Michael on June 1, 2012

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2438) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2323), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2151).We will try to sell EURUSD from our mentioned resistance levels.


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