The single currency rocks in a sideways trading range during the past week with a bearish bias. the support at 1.2830 did a good job by preventing further losses to the pair as it reversed its direction.
On the upside, the resistance lies at 1.3030 area. provided the area holds, we are expecting to see further losses on the single currency testing 1.2650 area & below.Untill then. do have a fantastic trading week & happy pips ahead.
Always remember to apply sound portfolio management.
On the upside, the resistance lies at 1.3030 area. provided the area holds, we are expecting to see further losses on the single currency testing 1.2650 area & below.Untill then. do have a fantastic trading week & happy pips ahead.
Always remember to apply sound portfolio management.
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