28/06/2013 7:20 GMT
EUR/USD broke first resistance on 1.306 than tested it from above. It probably means that price will go to next strong level: 1.3150 where there is technical resistance and 38,2% Fibonacci retracement of last bearish moves.
If price get there traders can look for short signals. After falling down most important will be 1.3000. Breaking it means rapid down-trend, other way cool down of bearish trend.
