EURUSD: Resumption Of Medium Term Decline Risks Weakness Towards The 1.3682 And 1.3366/61 Levels.
Watch out for its April’07 high at 1.3682 with a clean break lower targeting its Dec’04 high/August’07 low at 1.3366/61 and possibly lower aiming at the 1.3264 level, which marks its Jun’07 low.
Directional Bias:
Nearer Term –Bearish
Short Term –Bearish
Medium Term –Bearish
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