EUR/USD weekly technical levels for June 24 — 28, 2013

 

Intraday trading recommendations: 

According to previous events, the price has still been trapped between 1.3125 and 1.3080. The level of 1.3000 will indicate a strong support, moreover the price will be formed at a double bottom in this level. Therefore, it will be wise to buy at 1.3000 with the first target at 1.3211 (the weekly pivot point), then it will continue towards 1.3300. And the stop loss should be placed below 1.2955.