by Michael on July 20, 2012
[Forex | Euro vs US Dollar] Overall the direction remains unclear. EURUSD might close below (1.2207). If seen this will call for more declines to the (1.2133) level. Further down, support is located at (1.2086). Alternatively, above the (1.2334) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.2513).We prefer to wait for break of upper or lower barrier.
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