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Old 24th January 2013
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2013.01.24 : A breakout will clear the indecision

EUR/USD

During yesterday’s trading session, price action confirmed the down trend line that we talked about in our previous article, touching it for the third time and bouncing lower. However, the US Dollar again failed to break the strong support zone created between 1.3290 and 1.3270



Technical Outlook

Fundamental Outlook



GBP/USD

The recent down trend has certainly slowed down and during yesterday’s trading session the pair tried again to break support but failed.



Technical Outlook

Fundamental Outlook
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