EURO/dollar made a spiking move up to 1.4632 last Thursday, slightly below our predicted target in last week’s Preview.
This week EURO needs to pullback into 1.4408 level or lower to 1.4350 area to search for support.
After the pullback move is done, the buyers will step into the EURO/dollar again. The key major support is around 1.41.
This is an excerpt from the Naturus weekly Market Preview. To see the full document, visit http://naturus.com
EURO Daily Chart
