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EURUSD Daily Forecast: May 01
Tuesday, April 30, 2013 22:24
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EURUSD Forecast
The EURUSD continued its bullish momentum yesterday topped at 1.3184. The bias remains bullish in nearest term testing 1.3200/50. A clear break and daily close above that area could trigger further bullish pressure testing 1.3320. Immediate support is seen around 1.3150/30. A clear break below that area could lead price to neutral zone in nearest term testing 1.3050/60 but as long as stays above 1.3000 and EMA 200 (red) price is still in a bullish phase. My major technical outlook remains neutral.
2013-04-30 22:16:16
Source: http://www.fxinstructor.com/blog/eurusd-daily-forecast-may-01-2
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