capitalpropertiesfx

EURUSD - make or break time

FX:EURUSD   Euro / U.S. Dollar
130 2 1
Euro             ended the week inside the key resistance area , which in my opinion is a good sign for the bulls. If we should break that area in the beginning of the week we might have a good chance to see values around 1.3730/50 area fairly quickly. The reaction around 1.3720/50 is crucial for the pair. If we should fail there, then a trip back to 1.3650 area is very much possible but if we manage to break the 1.3720/50 area then the next strong resistance is around 1.3809.

Time will tell.

Take a look.
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well, your chart also confirms that 1.3720 area is important and should be watched closely.
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