A Euro recovery against the US Dollar has been interrupted at falling trend line resistance near the 1.36
figure. The barrier is now at 1.3632, with a break above that targeting
the 1.3676-89 area marked by the June 6 high and the 38.2% Fibonacci
retracement. Alternatively, a turn below resistance-turned-support at
1.3585, the May 29 low, clears a path to the 1.3476-1.3502 zone
bracketed by the February 3 and June 5 bottoms. I'm expecting Euro to gain against Dollar. My prediction is : Buy at 1.3585 . Take profit limit at 1.36.
I wish you good luck with this currency pair. Have a nice day
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