Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3305 for target of 1.3225 and 1.3195 keep stoploss above 1.3315.
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 approach its intraday support level. So trend should be bearish today (6 December 2010).
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