EURUSD technical outlook – July 19 2013

Yesterday we saw a continued yo-yo effect. Down and up. The pair was down until the afternoon and then EURUSD bounced once again. It is a bit of a steady upside market but still limited in the range: there is no any breakout. We need to have a clear break out having indication about the macro trend.

But for today we might see a test on the long side at 1.3175. Our bet for today is more bullish the sentiment.

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