FOREX UPDATE | PRICE ACTION NEWS

Hello Naked Traders.

Eur/Usd

For the first trading day of the 2013 the market in general has pushed upward in the “risk on” style,  but eur/usd during the day has collapse going to close the daily session at 1.3180, 100 pips below the daily high. It remains on the consolidation area between 1.3150 and 1.3300. It could be realistic to see a bearish break of 1.3150 area with 1.2900 area as target.

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