Tuesday, January 15, 2013

EUR/USD ~ 15 January 2013

The EUR/USD quickly rallied above 1.315 again changing the medium-term trend back to bullish:

We're now already near my next target (1.35). If we can hold above 1.33ish, we should get to 1.35 on the next rally. Above 1.35 there isn't much resistance until 1.38ish and 1.41ish.