FX.co ★ EUR/USD - Sell at 1.3260 - for July 17, 2013 (daily strategy)

During the American trading session the EUR/USD pair has not changed. Federal Reserve Chairman Ben S. Bernanke said the central bank’s bond purchases “are by no means on a preset course” and may be reduced more quickly or expanded as economic conditions warrant, thus the US dollar erased its gains.
Therefore, observing our chart, we can see that the euro has a resistance at 1.3260, if the first market reaction leads to these levels, it is more likely to back the pair below this level. Therefore, it is recommended to wait for this level to make an entry order. At this level you can sell with objectives to 1.3009.

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