The Euro dropped down yesterday below the major support level at 1.3320s after it touched the top at 1.3360s levels to set the short term support level at 1.3112; this is a very strong support level which might stop the downside correction move.
The trading range for today will be between the key resistance at 1.3340, and the key support at 1.3250.
The general trend is up as far as 1.3112 remains intact targets now at 1.3600 and 1.3870 targets then at 1.4000.
selling Euro below 1.3320 with a target at 1.3260, stop loss above 1.3370.
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