• Tuesday, 20 April 2010 19:47
• Last Updated Sunday, 05 September 2010 07:05
• Written by Desmond Wira

EUR/USD is in short term bullish pattern. This article will cover Technical Analysis for EUR/USD forex pair. Read this article to find out more

By the time I write this article, Monday 6th September 2010, EUR/USD is in short term bullish pattern

Right now EUR/USD is in short term bullish pattern. MACD shows MACD Line is crossing the signal linefrom bottom up, which shows bullish signal. Also RSI shows it is going up. Moving average shows fast MA is going to cross the slow MA from below. In my opinion EUR/USD will go UP this week. This EUR/USD to test 1,3.

Support = 1.25

Resistance = 1.3

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