We are expecting, in absence of any
strong economic news, a range bound movement between first support and
resistance line located at 1.3564 and 1.3671 respectively.
Trading Recommendation:
It is recommended to remain long
until EUR/USD is above its initial support line at 1.3610, otherwise take short
position in this Pair.
Support and
Resistance Levels:
R2: 1.3714
R1: 1.3671
S1: 1.3564
S2: 1.3527
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