FX.co ★ The market manipulations analysis of the EUR/USD by Alexey Portnov for July 15, 2011

The euro reached the mentioned supply levels and after this the pair started to correct. At the moment the currency is correcting above the support levels, therefore we should not expect further decline yet. Among important news I would like to highlight the US CPI data known as inflation barometer due today.
Trading recommendations:
- buy from the mentioned support levels.