Tue, 10 Jul 2012 07:13:26 GMT
EUR/USD remains bearish
Recovery of EUR/USD yesterday did not live up to expectations, as it seized to exist far from 1.2386/97, but was still present. At the moment the currency pair is heading towards 1.2128/06, though it will have to breach an initial level located at 1.2240 first. Moreover, given current outlook and signals of most of indicators, the price is likely to