Tuesday, June 3, 2014

eur/usd daily analysis,downtrend can touch 1.3500 level

The EURUSD didn't make significant movement yesterday. The pair remains neutral in nearest term but overall I still prefer a sell scenario at this phase with nearest target seen around 1.3500 level.
nearly resistance is seen around 1.3650 level. A clear break above that area could trigger further bullish pressure testing 1.3700/20 level.

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