EUR/USD Open 1.3238 High 1.3291 Low 1.3154 Close 1.3192

On Friday Euro/Dollar decreased with 140 pips on Greek debt uncertainty. The European currency depreciated from 1.3291 to 1.3154 on Friday, not matching the positive Interbank sentiment projection at above +18%, closing the week at 1.3192. This morning the Euro is making recovery attempts, moving within Friday's range for now. On the 1 hour chart the upward channel has slowed down, while on the 3 hour the upward channel has resumed. Break above the nearest resistance and Friday's top at 1.3291 may trigger further strengthening of the Euro. Going bellow Friday's bottom and first support at 1.3154, however, would confirm continuation of the bearish trend, towards next objective downwards 1.3131. There are no major economic events for EU today. Quotes are moving just above the 20 and 50 EMA on the 1 hour chart, indicating slim bullish pressure. The value of the RSI indicator is positive and rising, MACD is negative and inclining upwards, while CCI has crossed up the 100 line on the 1 hour chart, giving overall all light long signals.
Technical resistance levels: 1.3291 1.3420 1.3553
Technical support levels: 1.3154 1.3131 1.3000
On Friday we made +26 pips profit on EUR/USD from the following sent to clients only signal:
5:19 GMT Buy EUR/USD at 1.3258 SL 1.3232 TP 1.3308, exit sent at 9:11 GMT+1.
Total on Friday +124, as shown in details at http://www.zifx.com/performance.php.

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