FX.co ★ EUR/USD - Sell bellow 1.32 - for June 21, 2013 (daily strategy)

The euro was unable to recover the losses occurred on Wednesday. Yesterday it closed right at the level of 1.3219, the first weekly support level. Now in the morning during the American session, it is located at the level of 1.32. It is very likely that there is imminent fall of the pair, because if you look at our technical indicator MACD. It shows a sign of an imminent fall of the euro at least to support area of 1.3090, around the moving average 200. Therefore, it is recommended to sell at current levels around 1.32. In the short term we expect the pair reached the 1.30 area.

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