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With the pair closing back higher above the 1.3494 level, its Dec 14’2011 high, its ability to strengthen further could be developing towards the 1.3744 level, its Feb 09’2011 low. Beyond there will target the 1.3859 level, its Feb 02’2011 low and then the 1.3970 level, its Nov 09’2010 high.
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EURUSD: Returns Above The 1.3494 Level
EURUSD: Returns Above The 1.3494 Level. EURUSD: With the pair closing back higher above the 1.3494 level, its Dec 14’2011 high, its ability to strengthen further could be developing towards the 1.3744 level, its Feb 09’2011
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Technical Focus: EURUSD
CADJPY: we have been looking at this pair since the start of the week and it has convincingly broke out of the range dating back to Aug 2010. Fro0m here we could see back to 86.00 first then toward the 88.00 June 2010 highs.
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Ones to Watch CADJPY and Oil
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