FX.co ★ EUR/USD - Strong fractal 1.3387 - for June 13, 2013 (daily strategy)

This morning in the early American session the EUR/USD pair fell after making a maximum in the 1.3390 area. It stopped just at the daily fractal area of 1.3388. Given that this morning it is trading below 1.33, we hope you find support in the nearest fractal, 1.3227. At this level we recommend buying the pair with objectives to the 1.3380 resistance level. However, if the pair does not reach this area, the euro could make a pullback again towards the 1.3380 area. At that level selling of the euro is recommended with targets up to 1.3227 and further down 1.3165.

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