Tuesday, September 4, 2012

EUR.USD 4th september 2012 Analysis

EUR/USD:The single pair still maintains its bullish bias base on our weekly outlook, but we expect the pair to make some pullback from the current point .we reccommend selling the single currency around 1.2620/30 area with a stop at 1.2650 and book profit around 1.2550-30 area (Bullish Trend supporrt zone).Caution:Dont go short if 1.2630 violates. Then we Reccommend Buying the pair around 1.2550-30 area if the bearish pull back occured.

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