Tuesday, July 12, 2011

EUR/USD Daily Outlook - July 12, 2011



SHORT  DESCRIPTION :

If today's EUR/USD can close below the 1.3925 level then the probability to catch up to their next target at 1.3850 level as the first target and 1.3750 as the second target can be realized within three days. However, If within 3 days this pair cannot hit the 1.3750 level, this will be considered as the sign that the Bearish Situation for the EUR/USD will be held.


Performed by Arief Makmur, Analytical expert
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