EUR/ USD Daily Technical Analysis 1st August 2012

Amy Forex

Dear Traders,

We expect that the EUR/USD pair will continue to move within an ascendant channel ahead of the U.S. and Europe central banks policy meetings, due today and tomorrow. From the analytical standpoint the resistance lays at the 1.2333 level and a good support around 1.2214. However, only the headlines will be behind the prices movement this week.


Support 1: 1.2250
Support 2: 1.2212

Resistance 1: 1.2333
Resistance 2: 1.2376

Nice trading !!
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock    No Thanks