Wednesday, June 25, 2014

Daily Technical Analysis

The EURUSD had another indecisive movement yesterday. Price has been moving sideways this week inside a narrow range. The bias remains neutral in nearest term. As long as stays below 1.3675 – 1.3700 I still prefer a bearish scenario at this phase. Immediate support is seen around 1.3580 but key support remains around 1.3500.



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