The euro fell against the dollar on Friday as soft Chinese export data stoked fears. Cuts to European growth forecasts also sent the euro falling though it did regain some strength. In U.S. trading on Friday, EUR/USD was trading down 0.09% at 1.2294, up from a low of 1.2242 and off from a high of 1.2316.
On EOD basis this pair is likely to find support at 1.2037 earlier low made on 24th July and resistance at 1.2451, the earlier high.
EURUSD is showing consolidation and currently on rising trend-line.
CMP 1.2483...Targets done...Enjoy!!!
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