The EUR.USD lost another ground today given rise to lower price.As we early stated on Monday of this Week that we forsee a range trade before any upward thrust .We will keep our eyes pen to any Price Actin setup around 1.2440

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Wednesday, 4 July 2012
Tuesday, 3 July 2012
COPYCAFX CHART AND TRADE SET UP ON EUR.USD (2.07.2012)
The EUR.USD pullback from the previous Friday explosive move, closing the day at 1.2578.We will like to see a close above the near term resistance zone around 1.2745.There are two possibilities for this market in near term,ranging tendency between 1.2745 to 1.2440 or a pullback price action setup that will ensure the continuation of the explosive move.

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