By: DailyForex.com
Forecast for 30 July 2013 Outlook
Trade alert: For the last week the trading has been between the 75 floor and the 100 ceiling which remained untested until now. I advised correctly to stay out of the trading in this 75-100 range since no trends were likely to develop. This morning we have the beginning of a breakthrough or a reversal. A Tradeable trend is VERY likely if the break through persists or the reversal occurs around the 100-105 range.