EUR/USD Technical Analysis

(1,2898) The EUR/DOLL confirmed another weak closing aborting the previous day’s positive day reversal. Possible further weakness toward the important neck line of a S_H_S formation at 1,2800. A break of it will open the way for a drop toward 1,25 but at that point the attraction will be rather 1,20!!

Read the full report: EURUSD 07.05

 

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