Update on EURUSD with upcoming Fundamental/Technical Update

26 ביולי 2013

Possible reversal in play. Waiting for confirmation with a break of the 1.32 support line plus 25 pip "noise" level. If the sentiment at US FED is still dovish then this could possible continue up to test the 1.34 resistance mark set in mid June. Keep an eye on the US FED/Non-Farm payroll next week then hop on the trend.

Feeling very neutral until this makes its breakout after next week.