EURUSD Analysis, Daily Forex Analysis, July 27th 2010

By @ibtimes on

EURUSD remains in uptrend from 1.1876 (Jun 7 low) and the price action from 1.3028 is treated as consolidation of uptrend. Resistance is at 1.3028 followed by 1.3100, as long as 1.3100 resistance holds, another fall towards 1.2732 to reach next cycle bottom is possible.

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