Wednesday, December 10, 2014

Daily Technical Analysis

The EURUSD continued its bullish correction yesterday and hit 1.2494 earlier today. The bias remains bullish in nearest term testing 1.2530 – 1.2600 region. Immediate support is seen around 1.2400. A clear break below that area could lead price to neutral zone in nearest term but would give the bearish scenario another chance.



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