EURUSD continues to form the the side correction


After another  strength test of  1.3180/90 support, the price went back to 1.3280/90 resistance and now tests the reliability of the level. The indicators do not show a clear signal that let us suggest the continued market uncertainty. However, the previously made ​​assumptions about the likelihood of raising prices to the 1.3360/70,  level  where the “bull” trend may end, remain relevant. However, if the trade fall under 1.3050/60 support and consolidate below, there would be a good reasons to think about the beginning of the “bearish” medium-term trend.

EURUSD - 02/01/13


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