Daily Technical & Fundamental Analysis: 28.06.2011

Dear trader,

Woes about the euro zone are still of concern before a Greek vote on austerity policy expected later this week, we therefore notice the instability of the market movement reflecting investors' confusion.
The EUR/USD prices stop at the 75 average that once breached; the target should be towards 1.4350-1.4377.
Otherwise, should it retreat downwards, we expect to reach the 1.4203 – 1.4250 levels.

MBCFX Forex & CFDs Brokerage Firm