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FX.co ★ EUR/USD - Sell below 1.3315 - for June 11, 2013 (daily strategy)

EUR/USD - Sell below 1.3315 - for June 11, 2013 (daily strategy)

The euro managed to break the 1.33 level this morning, reaching a maximum of 1.3315 this week. Given that now we see that this pair quickly moves away from its maximum, it is likely that the pair will hit the support level 1.3155, its daily fractal level. Now if you look at the momentum indicator it shows overbought levels, if the pair trades below 1.33, we recommend selling; with the targets for the medium term at 1.3005 psychological level.

EUR/USD - Sell below 1.3315 - for June 11, 2013 (daily strategy)

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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