11:30 GMT (Global-View.com) Feb 8 - Sunny skies for the EURUSD after breaking above 1.3233 (January high) yesterday but question is how much of a Greek agreement is already priced in. Key levels on the upside are at the 100 day mva (1.3338) and 1.3435 (50% of 1.4247-1.2623). On the downsiude, 1.3233 holds the key.
Daily Jay Meisler's Forex WeatherMap
Feb 6, 2012 EURUSD (Current rate: 1.3160, O/N Range 1.3141 -1.3187)
Outlook:BOD (Buy on Dips) bias while above 1.3233. Needs a solid 1.3280+ to expose targets at 1.3338 and 1.3435.
Below 1.3233 would shift focus back to 1.32. Only below 1.32 negates the upside risk and reverses the bias.
Range:
Resistance
1.3435
1.3338
1.3300
1.3233
1.3200
1.3170



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