Mon, 29 Oct 2012 09:02:22 GMT
EUR/USD slightly lower
A new week starts with a slight decrease of EUR/USD pair, as the price settled beneath the upside trend, which began on 25th of July. Currently the price is very close to the 55-day SMA at 1.2878. The next support level would be 1.2840, where are the Bollinger band and the weekly S1, monthly PP levels. However, currently this pair