FOREx EUR/USD 7th July 2008

EUR daily and 3-day chart

As per Weekly report.....

If the Euro is going to move higher in July, then prices should find support around Monday's lows, and then move back above the July 50% level, confirmed with a break of the 5-day 50% level then following day.

Don't trade longs below Monday's lows.

  • All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
  • Exact levels shown for current day aren't confirmed until midnight GMT




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