EUR/USD Daily Technical Analysis 14 May 2012

Amy Forex

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Hi all,

The EUR/USD prices opened on Sunday on a gap and slipped to the 1.2873 level. We expect it will further decline to reach the 1.2850 level, and should it breach down this level , the next target would be towards the main key support level of 1.2808 .

We also expect that the prices should make some up corrections towards the 1.2917 level.

chart14.png


Good luck traders ;)
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