Would EURUSD going to 1.2700???
EURUSD going uptrend?
- 5 Answers
- In Forex Strategies
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- by
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- mimexforex
- 227 Views
- 1 year ago
Answers
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Anything is possible but Yes it did hit the 1.2700 mark today before retracing a bit. |
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EUR/USD has hit 1.27 again in this rebound. If we look from the low on 7 June 2010, this is definately an up trend. However, the macro and long term prospect of Eurozone is still muddy, I personally do not expect this rebound to be a start of a bullish long term recovery of Euro dollar. |
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The high of EURUSD was at 1.2700 today at 13:00 GMT. Next short term target is 1.2738, 1.2760. |

