EURO got its initial support level which I said in last week. Now around 1.31 level is very important support level for it. I have a feeling that it is making a new pattern; and if EURO tests level below 1.31 then it can give a hint of that. In the upside if it breaks 1.36 then we may talk about 1.42. But that new pattern which it is trying to build, if it becomes true then it will be strengthening my earlier view of 1.15 level for EURO.
(For last week’s review see – World Equity Market: Currency market review (weekly) after 24th ...)
(For this week’s review see – World Equity Market: Currency market review (weekly) after 2nd ...)
[EURO is given against US dollar unless specifically told.]
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