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EUR/ USD Daily Technical Analysis 1st August 2012

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EUR/ USD Daily Technical Analysis 1st August 2012

Postby EmmaFx » Wed Aug 01, 2012 11:04 am

Dear Traders,

We expect that the EUR/USD pair will continue to move within an ascendant channel ahead of the U.S. and Europe central banks policy meetings, due today and tomorrow. From the analytical standpoint the resistance lays at the 1.2333 level and a good support around 1.2214. However, only the headlines will be behind the prices movement this week.

Nice trading ;)
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