EURUSD Analysis 2012.05.01

[Forex | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.3297), this would confirm continuation of the bullish trend, towards next objective upwards (1.3123) then (1.3083) and (1.3003) will follow.Long positions are favored for today.

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Posted by Chris on May 1 2012. Filed under Forex Reports. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry