2 Jul 2013
EUR/USD crashes below 1.3000 barrier
FXstreet.com (New York) - The EUR/USD foreign exchange rate has lost its grip on the 1.3000 level Tuesday, establishing fresh intraday lows at 1.2969.
EUR/USD opportunities to long the pair abound
According to the Technical Analyst Team at ICN.com, “The EUR/USD approaching 1.3000 provides another opportunity to long the pair, where Risk/Reward ratio is more appropriate than the entry point suggested in our previous report at 1.3040.”
EUR/USD breaks below support
The EUR/USD has crashed towards 1.2977 in these moments, exacerbating its losses at -0.65% off its initial opening during US trading. Following a drop below support at 1.2988, the Mataf.net analyst team posits the next support at 1.2964.
EUR/USD opportunities to long the pair abound
According to the Technical Analyst Team at ICN.com, “The EUR/USD approaching 1.3000 provides another opportunity to long the pair, where Risk/Reward ratio is more appropriate than the entry point suggested in our previous report at 1.3040.”
EUR/USD breaks below support
The EUR/USD has crashed towards 1.2977 in these moments, exacerbating its losses at -0.65% off its initial opening during US trading. Following a drop below support at 1.2988, the Mataf.net analyst team posits the next support at 1.2964.