EURUSD Analysis 2013.07.05

by Michael on July 5, 2013

[Forex1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.3041), this would confirm continuation of the bearish trend, towards next objective downwards (1.3014) then (1.2984) and (1.2958) will follow.You may try to sell from (1.3103), (1.3144), and (1.3180) with a stop loss above (1.3070).

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