Thursday, August 28, 2014

EUR/USD Daily Outlook

Intraday bias in EUR/USD remains neutral as the consolidation from 1.3152 temporary low continues. Another rise cannot be ruled out. But in that case, upside of recovery should be limited by 1.3332 support turned resistance and bring another decline. Bellow 1.3152 will extend the fall fro 1.3993 to 161.8% projection



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