11.6.2013 – EURUSD update

My bias in EURUSD is bullish as long as we stay above the ascending trendline and keep holding above 3220’s. The best case scenario is a retracement back towards the 20’s, then holding up and building up a stable ground. From there any breakout or fading opportunity would be an ideal setup targeting 3300’s. On the other hand if we break below the 20’s, we are entering a neutral zone as far as to 3190’s.

Have a lovely Tuseday.

lechiffre