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Slowly, slowly but the expectations of QE tapering is pushing euro slowly up. We might see the 1.3400 level this week
today trend !!!!!!!!!!
later week no. 3293, 3306 was again signal buy---3330 tp1 37p, tp2 24pday point eu----3339+upo trend, 3334 up/down trend, 3329-down trend gu--------5496+up trend, 5490 up/down trend, 5484-down trend
Here we are : level 1.3400 is within a a couple of pips reach. Now lets see if it will be a resistance or the real resistance is (as some predict) only at 1.4000
Today it seems that 1.3400 will be resistance but I think that it is only a temporary resistance (very weak)
1st major Resistance is 134.65
2nd is at 1.36
it will fall at one of these levels (probably)
GBPs - major resistance at 1.56.30 (probably)
For a moment 1.3400 is to strong. Guess it will be broken tomorrow
All is ready for further move up. It is QE tapering being priced in
With a lack of US news today it will just continue the way it is going already. We can expect a 1.3400 break today
I am not so sure that anything significant will happen today