EUR/USD weekly technical levels for November 11 -15, 2013 – STOCKTRKR

Weekly technical levels:

Intraday trading recommendations:

EUR/USD: According to previous events, the price has still been trapped between 1.3405 and 1.3360. The level of 1.3410 will indicate a strong resistance, moreover the price will be formed at a new top in this level. Therefore, it will be wise to sell at 1.3405 with the first target at 1.3350, then it will continue towards 1.3260 in order to test the weekly suppor 1. And stop loss should be placed above 1.3455.

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