According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.4570 with a 1st objective of 1.4690, then 1.4720. A break in 1.4540 would invalidate this scenario.
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Tuesday, August 30, 2011
EUR/USD Intraday Technical analysis 2011-08-30
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.4570 with a 1st objective of 1.4690, then 1.4720. A break in 1.4540 would invalidate this scenario.
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