EURUSD Analysis 2013.03.25

by Michael on March 25, 2013

[Forex | Euro vs US Dollar] Overall the direction remains unclear. EURUSD might close below (1.2869). If seen this will call for more declines to the (1.2903) level. Further down, support is located at (1.2862). Alternatively, above the (1.3057) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.3203).A hold for a clearer technical outlook is advisable.

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