$EURUSD

[mlawson71]

Anyway, the pair is testing 1.1900 but whether it will break out above it remains to be seen. If it does it will probably rally to 1.1940.

 

[ventop]

Where do you think is the daily resistance?

1.1863 - was the upper border of the Daily resistance, but this level was broken 2 days ago.

 

[mlawson71]

1.1863 - was the upper border of the Daily resistance, but this level was broken 2 days ago.

Ah, I see what you mean. The pair is below that level though, the breakout may have been false.

 

[mlawson71]

The pair rallied over the holidays, but it still hasn't broken out above 1.2090. Time will tell whether it will form a double top or it will continue rallying.

 

[ventop]

A bear trend develops on H1 timeframe. If EURO breaks the support level on the Daily tf also (1.1990) - Daily trend will change too and it'll be important to look for bearish opportunities

 

[mlawson71]

It did break out below 1.1990. I too think the trend may be reversing.

 

[ventop]

The pair may stop its bear movement before tomorrow Eurozone news

 

[mlawson71]

The pair may stop its bear movement before tomorrow Eurozone news

You were right, it did rebound from 1.1915.

 

[mlawson71]

The pair is incredibly bullish and broke out above 1.21. I think we may see it rally to 1.2300.

 

[bmf]

EUR/USD Is playing hard next compared to EUR/AUD. as major of the people approx you can say 175 million people digg to the euro currency .And In the coming scenario euro will jump fastly as said by the FX trading expersts from the newsroom .one should keep hold to this currency as this is the period of remittance and many people will give in huge demand of euro.