Friday, October 3, 2014

EUR/USD Daily Outlook

Intraday bias in EUR/USD remains neutral for consolidation above 1.2570 temporary low. Considering bullish convergence condition in 4 hours MACD, a short term bottom could be formed too. Break of 1.2705 minor resistance will bring stronger recovery. But upside should be limited by 1.2994 resistance and bring fall resumption. Meanwhile,



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