Euro just reached 1.4203, above Friday's high and above the 1.4165/75 resistance. Furthermore, Friday's close was the highest since January 2010—over 14 months ago. This fuels the Euro bulls. Let's see if they can keep it going today. 1.4287 is the next resistance and it's very strong. First support is at 1.4165, then 1.4147, 1.4044 and 1.4000.
© Dianne Fecteau, 2011. No part of this material may be reproduced in any form, or referred to in any other publication, without the express written permission of the author.
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