EURUSD Analysis 2012.08.02

August 2, 2012
By
Silver Gold Bull - Your Trusted Bullion Dealer

[Forex | Euro vs US Dollar] The bias remains neutral in nearest term. A need for a clear break from the range area (1.2346 – 1.2208) so we can see clearer direction. Break below (1.2208) could trigger further bearish pressure targeting (1.2042) and keep the major bearish scenario remains strong while break above (1.2346) could trigger further bullish correction testing (1.2427).You may try to buy from lower border and/or sell from upper border.

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