28/08/2013
EUR/USD after last week attack on maximum is trapped between strong support on 1.3300 and key resistance on 1.3420. Before break it’s better to stay away from this pair or open longs near support after confirmation (pin bar etc.).
If daily candle closes above 1.3420 it will be signal for buy with target near 1.3700 – maximum from January 2013.
Break of 1.3300 should bring EUR/USD down to 1.3200 – this is very strong support – tested few times before, with 38,2% Fibo just near.
Analysis made in STP broker – HotForex
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