EUR/USD – Approaching the support at 1.2998

EUR/USD has broken its support at 1.3257 (16/01/2013 low) and its medium-term rising trendline (linking July 2012 low with November 2012 low). However, it is now close to the key support at 1.2998 (04/01/2013 low). Hourly resistances can be found at 1.3145 (22/02/2013 low) and 1.3319 (25/02/20…

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EUR/USD – Approaching the support at 1.2998