Euro-Dollar Analysis & Forecast, May 27th 2013 (English Language)

Hello traders,

Here below please find attached the video-analysis of the Euro FX currency futures for today May 27th:

The Euro is in a box play between 1.2910 and 1.3230. There is still a possibility that we move higher due to the continued support coming in the 1.28-1.29 area. No need to rush in now.

When this sideways move will be finally solved the Euro will be free to move higher into 1.41 or lower into 1.2530 first and then a retest of the 1.2150 (with a potential 1.14 target). All scenarios still open.

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Have a good day

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Filed under English language, Euro FX analysis and trade setups videos, Forex, Trading Plan, Weekly review

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