Euro-dollar Analysis, August 21st 2012 (English language)

A brief video analysis of the Euro-dollar cross:

Price is now attacking again the resistance area 1.2405-1.2490.

Above 1.2490 in the coming days and weeks we should see higher prices for the Euro-dollar. The closer target is in the 1.254 area in the bullish scenario, but price could move up to 1.278.

The bearish scenario resumes below 1.2204, with a target in the 1.189 area.

Have a great day!

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Filed under English language, Euro FX analysis and trade setups videos

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