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Joined: Wed 14 Mar, 2012, 14:32 Posts: 1 Location: Palestinian Territory, nablus
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EUR/USD is correcting part of Friday’s rally and I expect this correction to finish in the 1.3130 area as we have a decent low at 1.3115.
Yet I am flexible and would not be surprised if we trade to 1.31 where we find strong support. I am bullish as long as we trade above 1.3070 expecting price to reach 1.3230 (R1) and 1.3275 (R2). The R1 and R2 are levels from the pivot point indicator in the .
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