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Old 03-02-2006, 11:06 PM
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Default EUR/USD Updated Long Term view 3 March 2006

eur/usd (1.2010)

After not trading again above 1.2300 from January 2006.
The market risk a move back to 1.2180 resistance.
First target 1.2110 and then If 1.2180 is broken and market reach 1.2200 You can start buying for 1.2320 first target then 1.2500 over coming weeks.

If 1.2180 not get broken we can see a move back towards support around 1.1800 first target.
If support around 1.1800 get broken our target is 1.1481 !!!