Sabtu, 16 Agustus 2014

EUR locked in range, GOLD tests support levels

EUR did not succeed to close daily trade above 1.3380 the whole week. It moved in a small range between 1.3340 and 1.3415.Breaking of either will boost the further move in the same direction. However for now the pair seems locked inside. GOLD has made a quick test of 1292 support but returnes fast above the previous 1305 support.Any drop below 1300 again may cause further drop to 1276 and 1254 for example. NZD preserves the chances of upside recovery as long as the price is above 0.8470.



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