EURUSD – Intraday Strategy (03 Jun 2013)

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Recommendations: SHORT positions below  1.3045 with 1.2970 & 1.2940 as next targets.

Alternative scenario: The upside breakout of 1.3045 will call for a rebound to 1.3080/1.3115

Description: The pair are already found resistance at 1.3045. As long as this level holds. Look for further downside losses towards 1.2970/40 levels. An hourly close above 1.3040 will reverse risks to the upside and call for a rebound to 1.3085/115 levels.

EURUSDIntradayStrategy03Jun2013

 

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