Saturday, August 30, 2014

EUR/USD Weekly Outlook

EUR/USD's fall extended to as low as 1.3103 last week after some consolidations. Initial bias remains on the downside this week. The decline from 1.3993 would target 161.8% projection of 1.3993 to 1.3502 from 1.3700 at 1.2906 next. On the upside, above 1.3221 minor resistance will turn bias neutral and



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