September 13, 2012

EURUSD Chart update

  • EURUSD Approaching 50 Week SMA Which may act as resistance.
  • Daily chart too is near previous support level (1.30) which may act as resistance.
  • For bulls of EURUSD Price is above 200 Day SMA Which will keep the bullish hopes alive. Sustaining above 200 SMA the above mentioned resistance levels may get broken easily.

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