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| EUR/USD Daily Forecast
Wed, August 13 2014 | Dear Fellow Trader,
Setyo Wibowo here with the latest daily forex update from the FX Instructor Forex Blog.
If you have any questions about today's update - please reply to this email and I will be happy to help. Enjoy!
| The EURUSD attempted to push lower yesterday but unable to break below 1.3330 support area and closed at 1.3367. The bias remains bearish in nearest term but need a clear break below 1.3330 to continue the bearish scenario testing 1.3300 - 1.3250 region. Immediate resistance is seen around 1.3390. A clear break above that area could lead price to neutral zone in nearest term testing 1.3440 but as long as stays inside the bearish channel I still prefer a bearish scenario at this phase. Please click here to see the chart. |
| | I hope you enjoyed today's forex update! If you have any questions or suggestions, reply to this email - or visit me at the FX Instructor Blog.
Happy Trading! | | | | | | | |