Thursday, May 7, 2015

eur/usd can touch 1.1450

The EURUSD had a buy momentum yesterday topped at 1.1369 point. The bias remains buy in nearest term testing 1.1450 – 1.1525 point. Immediate support is seen around 1.1288 point. A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 point 
but overall I remain buy and any downside pullback now should be seen as a good opportunity to buy.

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