FX.co ★ EUR/USD market manipulations analysis for 01/07/2010 by Alexey Portnov

The euro price reached the target zone as it was predicted and the sellers’ pressure took place after. In spite of yesterday’s positive news, the price went down, which spoke for a buyer weakness. Now, the price is around strong support and I anticipate a decline only after the fixation below the level of 1.2180.
Trading recommendations:
After the fixing below 1.2180, sell with the target at 1.2115.