forextamil

EURUSD: Finding HARD to keep the Run ON.

FX:EURUSD   Euro / U.S. Dollar
The currency pair is less likely to retain its strength, as EURUSD rebound may challenge the recent recovery of 1,1315-20 horizontal regions For prices rallying the following trend lines at 1,1385 post-1,1320, 1,1375 and a long nine-week price trend could further limit. The chart should reintroduce 1.1420 if Bulls fail to shift down around 1.1385. In the meantime, 1.1250 and 1.1214 may be immediate aids before the 1,1200 figure and the new lowering by around 1,1175 are highlighted. If the pair declines below 1.1175, 1,1150 could become the favorite of the Bears.
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