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Monday, June 18, 2012

FX News: EUR/USD technical report classic

18 June 2012 06: 07 GMT Daily_Classical_EURUSD_body_eur.png, EUR/USD Classical Technical Report 06.18  EUR/USD: market is in train to correct certain levels violently oversold after break-up of annually lows little less 1.2300. While our global perspective is clearly bearish, here we find yet place upside in the short term before a low high fee is requested. Locate the last positive weekly open the door for an acceleration in the region of 1.2800 - 1.3000, where new offers are likely to re-emerge. Reverse must be well supported to 1.2400.

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