Tuesday, October 29, 2013

EUR/USD Daily Outlook

The break of 1.3741 minor support suggests that a short term top is formed at 1.3832 after EUR/USD hit 100% projection of 1.2755 to 1.3451 from 1.3104 at 1.3800. Intraday bias is now mildly on the downside for pull back into 1.3472/3645 support zone. We'd expect strong support from there



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