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Long

EUR/USD Daily Outlook

FX:EURUSD   Euro Fx/U.S. Dollar
41 0 0
EUR/USD             is facing strong resistance around 1.2580. Any intraday trend reversal can happen only above that level.
Any indicative break of 1.2580 would extend gain to 1.2630.
Minor support is around 1.2470. On the downside break below will target 1.2391.
Recommendation: Sell EUR/USD             around 1.2515-25, SL 1.2580, Target 1.2395.
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