EURUSD 1h chart update 12 January 2012

Eurusd chart update we finally broke again above 1.2730. short term 1.2760 pivotal. Good spanish auction driving risk higher. Sellers still sitting at 1.2785-95 area & if we clear them quick would see 1.2820 seller blow out in a quick spike. Watch for trend line and few fibs.

ECB will be key for move later. Expect super Mario for the show.



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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