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FxWirePro
Nov 6, 2014 8:13 AM

EUR/USD Daily Outlook Long

Euro Fx/U.S. DollarFXCM

Description

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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