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Sunday, February 24, 2013
EURUSD Weekly/Daily Forcast Feb 25 - Mar 01 2013
The Euro continued to lose ground against the dollar for the third week running and with no significant weekly bullish price action setup in place despite its fall into the weekly support range, we should see a continuation of this recent bearishness.
The EurUsd Daily chart closed as a doji candle at support zone. We could see some minor retracement into near resistance at about 1.3305. A price action setup for the continuation of the recent bearish trend will be sort at about that point.
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EURUSD
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