EURUSD Analysis 2012.07.02

by Michael on July 2, 2012

[Forex | Euro vs US Dollar] Currently, further bullish actions could be seen on EURUSD. A break below (1.2435) could be a threat to the bullish scenario targeting (1.2471) even (1.2431). On upside. Immediate resistance is at (1.2707). A close above that area should keep the major bullish scenario intact testing (1.2787) area.Look for long positions for current trading session.


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