Monday, May 26, 2014

Daily Technical Analysis

The EURUSD had a bullish momentum yesterday and hit 1.3667 earlier today. The bias is neutral in nearest term, probably with a little bullish bias testing 1.3720 – 1.3775 resistance area. Immediate support is seen around 1.3640. A clear break below that area could trigger further bearish pressure testing 1.3600.



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