Sunday, September 30, 2012

EUR/USD 1st-5th oct 2012 weekly Signal

EUR/USD: The single currency maintained its correction last week Trading session.The bias still remains neutral for now. we have strong support around 1.2830-00 area, Agressive Traders will long around the area with stop below 1.2800.
on the upside, immediate resistance is around 1.2950/80 area as we said last week,and needed to be cleared for price to test 1.30** and 1.3130/50 area.untill then.We recommend searching for Buy setup around the support provided no daily close below 1.2800. or a buy stop around 1.2930/50 area and stop below 1.2850.

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