Chris Lee | forex

Forex Market Updates: 13th July 2010

Jul 13th 2010 at 12:33 AM

The Euro (1.2590) is retaining the downside pressure. With Resistance at 1.2650, we might see a downmove towards 1.2500-2450 today. Dollar-Yen (88.66) is ranged between 88.00-89.00. Support at 88.00 is expected to hold and a rise towards 89.30-50 is possible in the coming days. Euro-Yen Cross (111.63) is retaining the downside pressure and might fall towards 110-109. Resistance is seen at 113.00-30 region.

Good luck trading!!

Chris Lee

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