Saturday, November 29, 2014

EUR/USD Weekly Outlook

EUR/USD was stuck in range above 1.2357 last week and outlook is unchanged. Initial bias remains neutral this week for some more consolidation. As long as 1.2613 resistance holds, further decline is still expected. Below 1.2357 will target 61.8% projection of 1.3700 to 1.2500 from 1.2886 at 1.2144. However, break



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