EUR/USD – Buy long above 1.30 – for June 28, 2013 (daily strategy)
June 28, 2013 2:45 pm
Yesterday the EUR/USD pair bounced around the psychological level of 1.30. Therefore, it should not surprise us again to find support in this area. During the Friday’s session this pair reached the level of 1.31, although the upward force was not as expected. Given that this is the last day of the month, and many investors expect exit with a good take profit, in addition, the market will be attentive to the European council meeting, it will give the euro movement. The next week we will see the euro from another angle of perspective. Therefore, it is recommended to buy above 1.3007 with targets at 1.31 and 1.3112, stop loss is very adjusted to the level of 1.2970.
If you need personal consultation, Skype: gerardofx or contact me via e-mail: [email protected]
The material has been provided by InstaForex Company – www.instaforex.com
Yesterday the EUR/USD pair bounced around the psychological level of 1.30. Therefore, it should not surprise us again to find support in this area. During the Friday’s session this pair reached the level of 1.31, although the upward force was not as expected. Given that this is the last day of the month, and many investors expect exit with a good take profit, in addition, the market will be attentive to the European council meeting, it will give the euro movement. The next week we will see the euro from another angle of perspective. Therefore, it is recommended to buy above 1.3007 with targets at 1.31 and 1.3112, stop loss is very adjusted to the level of 1.2970.
If you need personal consultation, Skype: gerardofx or contact me via e-mail: [email protected]
The material has been provided by InstaForex Company – www.instaforex.com
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