تويت
Wednesday 03.07.2007
EUR/USD daily report, by Liviu Flesar
The Euro found good support at 1.3085 where it reversed on yesterday and managed to close slightly higher, in the 1.3130 area. Support is currently set at 1.3080 backed by 1.3040 and 1.3020. Resistance is seen at 1.3140 followed by 1.3170 and 1.3200. A close above 1.3140 may confirm a daily recovery and point our attention towards the 1.32 mark once again. On the other side, the ground is fragile and the downside is currently favored by the daily bearish sentiment. The ranging process will probably continue. Current quote is 1.3115 @ 07:14 GMT
Recommended trades:
Long in the 1.3100 area, stop at 1.3070, objectives at and above 1.3150.
EUR/USD daily report, by Liviu Flesar
The Euro found good support at 1.3085 where it reversed on yesterday and managed to close slightly higher, in the 1.3130 area. Support is currently set at 1.3080 backed by 1.3040 and 1.3020. Resistance is seen at 1.3140 followed by 1.3170 and 1.3200. A close above 1.3140 may confirm a daily recovery and point our attention towards the 1.32 mark once again. On the other side, the ground is fragile and the downside is currently favored by the daily bearish sentiment. The ranging process will probably continue. Current quote is 1.3115 @ 07:14 GMT
Recommended trades:
Long in the 1.3100 area, stop at 1.3070, objectives at and above 1.3150.
تعليق