9/07/2013 6:20 GMT
There are no doubts that EUR/USD is in strong bearish trend. From begin of this week there is correction, but still it’s only correction so traders should look only for short traders. There are weak macro news from Euro Zone and we can expect soon back to trend. Especially because EUR/USD finally reach some resistance. Its zone between 1.28950 – 1.29200. Here after some clear sell signals shorts will be good idea. If price break it next resistance is 1.3000.
Trade only with trend, thats why only selling is an option.