EURUSD Analysis 2012.05.16

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2879) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2680) support level.We will be looking to sell EURUSD upon any price retracement.

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Posted by Chris on May 16 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