EUR/USD is trending upwards today

Aug 28, 2012 by

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Forex – Euro Forex Signals | Forex Trading | Forex Portal | FXPremiere - EURUSD is trending upwards. move could unfold into an impulsive wave but I feel it is more possible for the bigger down trend to resume.

The pair could try and test the lower channel support just below 1,25. If this upward move continues to have overlapping waves it could top around 1,2651-1,28.

Trading range: 1.2461 – 1.2568

 

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