Daily Analysis for EURUSD, 14.11.2012

The currency pair EURUSD moved below the level of 1.2700 yesterday, but it made a bounce trying to get back above it. If the pair manage to break the lows from the trading session on Tuesday, it will probably go down to the 1.25 handle. The level 1.28 could be seen as resistance. So, trading on those two parameters is supposed to be relatively short term.

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