Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3245 for target of 1.2965 and 1.2915 keep stoploss above 1.3135.
Why to go Short: This pair has been weakening continuously and is now trading below its resistance area and is more likely to weaken further. We see it to approch its intraday support level. So trend should be bearish today (30 November 2010).
