13.06.2013 7:30GMT
Eurodolar is in strong up-trend and it’s going to 1.3400 and 1.3500,. Yesterday in: EUR/USD on resistance. What is near future of this pair? I wrote that Traders should consider only longs and best way to trade was taking them near support. EUR/USD broker 1.3320 resistance and re-tested it from above. That was best way to open longs.
Now price is going to 1.3400 and than to 1.3500 resistance. Still momentum is bullish so no shorts here. Just wait for some corrections to open longs after some clear signals on supports. That can be 1.3360, 1.3340 or 1.3320.
Price can also break 1.3400 and then re-test it. It will be also good opportunity to go long or add to existing longs.
