KN_FXtrader

EUR/USD Technical Analysis

FX:EURUSD   Euro Fx/U.S. Dollar
We can clearly observe the bulls strengh, although the uncertainty inside eurozone is high. In such conditions buyers are managing to keep the price in bullish trend . However the level of 1.1391 seems to be a strong resistance. Buyers target is the previous high level at 1.1463. It seems like bulls are attacking and bears, based on Greek problems, are defending their castle. We cannot make any valid prediction until the problem with Greece calm down.
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