The single currency opened at 1.2712 during the last week trading session and close at 1.2736 area.The bias is bullish in the nearest term. immediate support lies around 1.2715/00 area and on the upside, the resistance lies at 1.2760 area.
Failure of price to close below 1.2715/00 area and rallies above 1.2760 will confirm the bullish bias testing 1.30-3100 area and above. until then. Price action around the afformentioned support zone should be carefully watched. Good luck & remember to apply a sound risk management.(the only holy grail)
Failure of price to close below 1.2715/00 area and rallies above 1.2760 will confirm the bullish bias testing 1.30-3100 area and above. until then. Price action around the afformentioned support zone should be carefully watched. Good luck & remember to apply a sound risk management.(the only holy grail)
Hope you made up to your expectations with this weekly trading signal. stay tuned for the next week trading updates. Happy weekend to you all.
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