Updated the:

01/13/2011

EUR/USD Technical Analysis comments :

Sentiment:

sentiment

The pair EUR/USD validated a breakout of 1.30 and then continued its bullish movement and just broke the resistance at 1.31, offering a new buy signal. Our last bullish slant is now acting as resistance. All indicators are bullish. We maintain to trade only long positions as far as the price is above 1.3050. The breakout of the next resistance at 1.32 will give a new buy signal. We invite you to draw the fibonacci retracement of the last bearish movement (Starting from January 4th to January 10th)

EUR/USD

EUR/USD