Tuesday, December 16, 2014

EUR/USD Daily Outlook

Intraday bias in EUR/USD remains on the upside and the rebound from 1.2246 short term bottom could extend to 1.2599 resistance. Considering bullish convergence condition in daily MACD, break of 1.2599 will be the first sign of medium term bottoming and bring stronger rebound to 1.2886 key resistance next. On



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