FX.co ★ EUR/USD For Weekly June 27th to the Jully 1st / 2011

SHORT DESCRIPTION :

Last week the 1.4150 level provided as a good support, if next week this level can be broken, it will make the EUR/USD fall to 1.4070; if this level can be broken (red:1.4070), this situation will be the indication for the bearish situation for this pair and it will bring the EUR/USD down to the 1.4000 level. On the other hand, if the 1.4306 can be broken it will hold the bearish situation, at least just for a temporary period.