Good morning. Euro seems to be getting some relief, retesting 1.300 at time of writing. A breach would open the door to 1.32-1.33. German Zew and US CPI are today’s most important events.
Market sentiment: intraday – bullish, short-term – slightly bullish
Potential trade strategy: none
EURUSD hourly 10-16-2012
4hrs chart: 1.3070 follows 1.300 as next upside barrier to watch
EURUSD 4hrs 10-16-2012