Monday, September 10, 2012

EURUSD Medium Term OUTLOOK - Bullish

We still hold our upward bias in EURUSD after hitting our 2nd target level. Our main area to focus on is 1.2962-1.3000, 261.8% extension from 1.2042 – 1.2390 and a previous area of support. Small pullback has been posted on overnight trading and 1.2724, Fridays Marabuzo is first support level today. 

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