Tuesday, December 2, 2014

Daily Technical Analysis

The EURUSD had a bearish momentum yesterday bottomed at 1.2375. The bias is bearish in nearest term testing 1.2356 area, a potential strong support which need to be clearly broken to the downside to continue the bearish scenario targeting 1.2300 – 1.2285 region. Immediate resistance is seen around 1.2420. A



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