Daily Eurusd 28/01/2013
EUR/USD finally broke out of recent range and jumped to as high as 1.3483 last week,just inch below mentioned target of 1.3486 key resistance. Initial bias remains on the upside this week. Sustained break of 1.3486 will target 100% projection of the ABC Pitch fork targeting D " 1.3785/1.3830
On the downside, break of 1.3264 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.
Invested head and Shoulders
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