Our intraday trading analysis on EUR/USD, we recommend Long(Buy) EUR/USD Above 1.3225 for target of 1.3285 and 1.3315 keep stoploss above 1.3205.
Why to go Long: This pair has been trading with huge volatility for last few sessions, but today it has given breakout of 1.3225 level and is now trading near 1.3245 so we expect the pair should further strengthen to test 1.3295 level on intraday basis. we believe that it can approach its resistance level (1.3295). Hence trend should be bullish for today (13 December 2010).
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