Thursday, January 30, 2014

Daily Technical Analysis

The EURUSD had a bearish momentum yesterday after broke below 1.3600 and hit 1.3539 earlier today. The bias is bearish in nearest term testing 1.3500 – 1.3400 and the daily EMA 200. Immediate resistance is seen around 1.3560. A clear break above that area could lead price to neutral zone



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