30/07/2013
EUR/USD is in bullish trend. Yesterday price tested at least 1.3240. Price bounce from it showing that it is working.
Many traders have longs now opened around this level. There are many stop losses in 1.3000 – 1.3240 area, so every move below support can be rapid. But still up-trend is still more probable.
Watch out for fake break down before bulls break 1,3230 and test June maximum on 1.3417.