EUR Trading Outlook (07-10-2013)

TECHNICALS: The obvious technical levels to watch are still at .9280 and .9525 (see chart). The former was a 38.2% retracement level which held really well, usually a bullish sign but recent highs at .9525 will still offer stiff resistance. Short-term support levels start at .9380 and range trading is the most likely outcome for the next 24 hours.

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