fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for EURUSD Tue Oct 15, 2013 8:17 am | |
| Technical Analysis for EURUSD The EURUSD was indecisive yesterday. Price slipped above 1.3580 but the bullish momentum was disappointing. The bias is neutral in nearest term. However, as long as stays above 1.3450 the major bullish scenario remains valid with 1.3650 – 1.3700 as nearest target. Immediate support remains around 1.3540. A clear break below that area could trigger further bearish pressure testing 1.3500 – 1.3450. | |
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