EURUSD has formed Double Top Pattern with neckline @1.3260
Pair has Support @1.3250 and Resistance @1.3340 Strong 1.3402
Downwards
if Pair Breaks level @1.3250 then pair may test support near 1.310 & 1.30
Upwards
if Pair breaks Jan 14, 2013's high @1.3402 then it has Strong resistance @1.3485 which is 50% retracement of rally 2011-2012
Pair has Support @1.3250 and Resistance @1.3340 Strong 1.3402
Downwards
if Pair Breaks level @1.3250 then pair may test support near 1.310 & 1.30
Upwards
if Pair breaks Jan 14, 2013's high @1.3402 then it has Strong resistance @1.3485 which is 50% retracement of rally 2011-2012
Daily Chart
Pair has formed regular bearish divergence with RSI 14(RELATIVE STRENGTH INDEX)
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