last week we said there would be a slight rise and then a fall of the EUR/USD pair, now it clearly seen from the above graph, the market moved to 1.2340 and then fell to 1.0785.
Tonight there are rumors that athens are going to have a dilemma option a kind of 50-50 take it or leave it scenario its either they rise or fall, we are still speculating on the market trend direction if it would appreciate or depreciate is left to the athens to decide, Also considering the fact that greece dept is scaling to 0.1% the GDP of germany we can now suggest a big bearish direction on the Euro. So to suggest a signal would be 1.0860 in the next 24 hours
Summary:STRONG SELL
Moving Averages:SELL Buy (1) Sell (11)
Technical Indicators:STRONG SELL Buy (1) Sell (6)
