FX:EURUSD   Euro / U.S. Dollar
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The Euro             broke out the 1.3340 level and tested the 1.34 level but soon the trade runned out of steam and bounced back to 1.3343 level. I am not comfortable in trading this pair yet, I prefer to wait for a breakout, the levels to watch are 1.3415 on the top side and 1.3275 on the downside.
For the full forecast check out my blog:
http://profitableinforex.blogspot.ie/2013/08/eurusd-forecast-from-12th-to-16th-of.html
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