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U.S Dollar Releasing its Bullish Grip !

Posted, by FXalhabib on December 4th, 2010

EUR USD is back on an uptrend and broke the minor resistance line of 1.3419. Intraday bias has shifted to the upside, due to a weaker than expected U.S NFP and Unemployment numbers. Since, the EUR USD has been able to break and maintain its presence above the 1.3419 minor resistance line, then look for the currency pair to target the 1.3784 resistance line next.

Authored by, FXalhabib
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