Friday, June 20, 2014

eur/usd daily downtrend ,target 1.3550 level

The EURUSD was some up yesterday. The bias remains neutral in nearest term. As long as stays below 1.3675 – 1.3700 level I still prefer a bearish scenario at this phase. nearest support is seen
around 1.3600 level. A clear break below that area could trigger further bearish pressure testing 1.3550 level but key support remains around 1.3500 level which need to be clearly broken to the downside to continue the sell scenario.

No comments:

Post a Comment

Live MeccaLive Blogger Tricks