Friday, April 13, 2012

Pace's changed (2012-04-13 EUR/USD analysis)
















Above is the 4-hour chart of EUR/USD. After the breakdown happened in beginning of this month, Euros gradually rose along a channel and recently it breaks this channel. This may signal a faster surge. 1.326 is next resistant but it is quite weak; 1.334 would be the target instead.

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