The EUR-USD gave a fake brake signal in the past few hours, when the 1,3040 resistance was temporary breached.
I am going along with my previous opinion and say that 1,2900 is a very strong target and it is acting as a magnet for the market.
Check yesterday analysis and see what 1,2900 really means:
http://markettechnicalview.blogspot.com/2011/12/eur-usd-technical-anlalysis-20111215.html
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