Tuesday, December 4, 2012

EUR/USD ~ 4 December 2012

The EUR/USD is already near the next resistance around 1.315:

Most likely we'll get another short-term correction once we hit this level. Once 1.315 is breached, the next target should be 1.35.

I've been medium-term bullish again since the break of 1.285 and will remain so as long as this level holds.