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EURUSD Forex Market Analysis - Thursday, 12 January 2012 |
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| Trend from past: |
Down |
| Potential trend: |
Bullish |
| Previous top compared to actual price: |
1.2850 |
| Previous bottom compared to actual price: |
1.2650 |
EURUSD @ London Closing:
- The pair started retested 1.2650 region and the mood is in weak bearish configuration
- The pair might continue up towards 1.28500 level and possibly higher
- Up move may take place if the price crosses and stays above 1.2800 level
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