Sunday, January 8, 2012

EURUSD Weekly (09/01/2012 – 13/01/2012)

EURUSD can slide further in the beginning of this week as the fundamentals are weak but 1.2675 can act as a support with a major support at 1.2580 for this week. Buying on dips is recommended. Buy partial at 1.2675 and part at 1.2630 with a strict stop loss below 1.2575 and weekly targets of 1.2800 and 1.2950.

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