Tuesday, June 3, 2014

EUR/USD Daily Outlook

EUR/USD is holding above 1.3585 temporary low and intraday bias remains neutral. More consolidations could be seen but we'd expect upside of recovery to be limited by 1.3733 resistance and bring fall resumption. Current development is favoring the case of trend reversal on bearish divergence in daily MACD. Below 1.3585



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