Saturday, January 21, 2012

EUR-USD Technical Analysis 21 January 2012

The bearish trend is currently taking a short weekly break as it already reaches the intermediate resistance level at 1.3863. An ideal correction point should lies at the previous historical level 1.3314 before continue to ride further downwards. The prospective of next week trade should be focusing on bullish intermediate. We will wait and see what happens next.

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