EUR/USD Techncial Analysis /04.09.2013 by

 MBCFX daily market analysis,for  Tuesday, 9th of April 2013

The euro advanced against the dollar after Federal Reserve Chairman Ben Bernanke comments on U.S economic conditions. The euro remains under selling pressure as Portugal bailout under threat.

Concerning the technical analysis The EUR/USD has formed a great Divergence on the 4 hours chart, this reflects the a bearish trend towards the first key support level of $1.2975,  for the rest of the technical analysis we recommend you to register in our website

These are the news of the EUR/USD for today, if you are interested in the technical analysis of other currencies like: GBP/USD, USD/JPY, USD/CHF , GOLD or any other pair.

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