EURUSD Analysis 2013.02.20

[Forex | Euro vs US Dollar] The bias remains neutral in nearest term. A need for a clear break from the range area (1.3530 – 1.3305) so we can see clearer direction. Break below (1.3305) could trigger further bearish pressure targeting (1.3239) and keep the major bearish scenario remains strong while break above (1.3530) could trigger further bullish correction testing (1.3552). You may try to buy from lower border and/or sell from upper border.

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Posted by on Feb 20 2013. 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

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