Friday, June 6, 2014

EURUSD: Short Term View

Last view was "EURUSD is trending down and may fall up to 1.347 within few weeks", and within a week it fell near target to 1.3503 yesterday. Short term downtrend is over, pullback is taking place which may take it up to 1.38, and before that it faces strong resistance at 1.3700. 
Above 1.388, it will become long term bullish. 

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