EURUSD Analysis 2012.06.15

[Forex | Euro vs US Dollar] Currently, further bullish actions could be seen on EURUSD. A break below (1.2542) could be a threat to the bullish scenario targeting (1.2411) even (1.2371). On upside. Immediate resistance is at (1.2668). A close above that area should keep the major bullish scenario intact testing (1.2850) area.We will be looking to buy EURUSD upon any price retracement.

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Posted by Chris on Jun 15 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