by Michael on July 16, 2012
[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2274) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2213), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2086).We will be looking to sell EURUSD upon any price retracement.
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