Wednesday, August 27, 2014

EUR/USD Daily Outlook

A temporary low is in place at 1.3152 in EUR/USD and intraday bias is turned neutral for some consolidations. Upside of recovery should be limited by 1.3332 support turned resistance and bring another decline. Bellow 1.3152 will extend the fall fro 1.3993 to 161.8% projection of 1.3993 to 1.3502 from 1.3700 at 1.2906 next.



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