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From market positioning ... we could see lower again ... but in case that 1.3454/ 69 and even 1.3484 has been crossed (which is possible) ... then bears might feel very uncomfortable for a while ...
In case of upside re-test might be limited only up to 1.3435 - 1.3442 or maximum 1.3467 ... one more corrective...Ignored
EUR/USD : Outlook
From market positioning ... we could see lower again ... but in case that 1.3454/ 69 and even 1.3484 has been crossed (which is possible) ... then bears might feel very uncomfortable for a while ...
In case of upside re-test might be limited only up to 1.3435 - 1.3442 or maximum 1.3467 ... one more corrective move towards 1.3360 - 1.3341/ 33 or even to below 1.3322 / 1.3305 is possible in case of an extention ...
Lowest been taken has been 1.3328 ...
Highest been given has been 1.3388 ...
until now ....
So nothing has changed ... from our side of view ...
;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts