EURUSD 1h 4h chart update 19 Jan 2012

Some Eurusd levels to watch 1.2870-80 area is pivotal and should hold stops. We broke downtrend channel as you can see in 4h chart. Short term 1.2840 & 1.2800 offer support. On the upside 1.2970 & 1.30 are levels to watch. Watch ahead ECB & bonds auctions.

Your comments too are welcome and you can always reach me on twitter @fx_13.
(Please click on the forex chart thumbnail to enlarge)

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