Currency Majors Technical Perspective


EUR/USD Current price: 1.3305 View Live Chart for the EUR/USD Source: Visual Chart After the recent break of support at 1.3420, there is no reason why investors should not continue to sell on bounces as the EZ crisis deepens. Short-covering should not be ruled out although odds for that to happen have diminished after the mentioned break lower. Approaches at 1.3400 up to 1.3420, 50% fib retrac from yesterday’s decline, should meet a great deal of selling interest. Lose of 1.3300 price zone,

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