EUR/USD Weekly Technical Report 24-28/6/2013
ecPulse
2013-06-24 06:53AM UTC
The pair traded to the downside at the beginning of this week taking the pair to trade below 1.3115 levels. Meanwhile, we cannot bet on extending bearishness till the end of the week, where 1.2970 levels represent the bullish short term support. Therefore, we will remain neutral in our weekly report waiting for confirmation signals.
The trading range for this week is among the key support at 1.2880 and key resistance at 1.3440.
The general trend over short term basis is to the upside targeting 1.3600 as far as areas of 1.2970 remains intact.
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