EURUSD – Intraday Strategy (04 Jun 2013)

EURO-Dollar-min

Recommendations: Long positions above  1.3017 with 1.3115 & 1.3200 as next targets.

Alternative scenario: The downside breakout of 1.3017 will call for a slide to 1.2970/40

Description: The pair broke above the daily resistance 1.3061 yesterday. More gains are suggested today. Below 1.3017 may delay the bullish move and retest 1.2970/40. In all as long as 1.2943 holds. The pair will remain biased to the upside even in case of a bearish correction.

EURUSD – Intraday Strategy (04 Jun 2013)

 

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