EUR/USD direction for December

December 3rd, 2009 by tradertony Leave a reply »
eur-usd-3-12

EUR/USD is due for another rise. Every resistance has been broken, and despite the slowing pace, we are still a uptrend. Right now I would be looking for pullback to 1.5070-1.5150 and another push higher after that. My target is 1.5300 at least. This will also coinsede with the rise in the S&P index.

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