Hi Eur-Usd forex traders hopefully you all enjoyed the bullish scenario of the pair Eur-usd
Today the pair Eur-Usd has jumped in Asian session as fed announced that they may keep the interest rate low up to the year 2014.
Now technically as I wrote in my previous predictions regarding the pair Eur-Usd that it may touched the 1.3200.So still the bullish scenario is reconfirmed as I come up with my daily Eur-Usd forex chart and
figured out the inverse head and shoulder in red circles which mean that pair will surge up further and my rough target is 1.34000 it may be more as well.
So according to my new forecast of Eur-USD the major support levels should be 1.29000 and the pair will remain bullish this support at 1.29000 remain exist.
the trading idea for today is the buy the pair at 1.3115 with target 1.32000 along with stop loss 1.3080



January 26th, 2012
Shawn
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