$EURUSD– Crossroads?
Currently the cross is @ 1.3379 after a failure to take out the topside. However, the cross bounced on the bottom trendwall of the uptrend and is sitting on the .786 Fibo and the S3. If the cross can break the Support and the uptrend line look for a move to the S4 @ 1.3286. A bounce would target a move back to the S1 @ 1.3466. We are currently bearish.
$EURUSD

Source http://www.fxstreet.com/technical/analysis-reports/technical-daily-analysis/2011-12-06.html



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