EUR/USD Technical Analysis 06.03.2012

Amy Forex

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Hi All,

Ahead of major US and European major news release this week, traders must be alert throughout the week with no heavy positions, especially ahead of Greek bond swaps.

The EUR/USD is expected to be traded within a range of 100 pips between 1.3165 and 1.3265. Traders may buy at the bottom and sell at the top of the range with very tight Stop Loss to minimize losses if any breakout happens.

chart06.png


Good luck :)
 
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