Forecast on Wednesday, 05/15/13
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.2930, which will be followed by reaching support level 1.2850 and then 1.2800.
An uptrend will start as soon, as the pair rises above resistance level 1.2930, which will be followed by moving up to resistance level 1.2995 - 1.3030.
Supports: 1.29850, 1.2800
Resistances: 1.2930, 1.2995, 1.3030
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.2930, which will be followed by reaching support level 1.2850 and then 1.2800.
An uptrend will start as soon, as the pair rises above resistance level 1.2930, which will be followed by moving up to resistance level 1.2995 - 1.3030.
Supports: 1.29850, 1.2800
Resistances: 1.2930, 1.2995, 1.3030
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