Tuesday, April 28, 2015

eur/usd risky for traders

EURUSD - Outlook for EUR remains to the upside after closing higher at the end of the week following a reversal of most of its losses. This development leaves risk higher in the new week. Resistance is seen at 1.0950 point with a cut through here opening the door for more upside towards the 1.1000 point. Further up, resistance lies at the
1.1050 point where a break will expose the 1.1100 point. Conversely, support lies at the 1.0800 point where a violation will aim at the 1.0750 point. A break of here will aim at the 1.0700 point with a turn below that level targeting the 1.0650 point.
finally this pair is go buytrend.

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