Econintersect: Christopher Lewis at FX Empire says the Friday chart for EURUSD is very bullish. The close does sit at resistance (1.380) and a moving average sits just above (1.387), which could also serve as resistance. But if the moving average line is breached then the set up is very bullish. Lewis says to buy on pullbacks and to be ready to buy if the price moves above 1.39.
Click on chart for larger image.
Chart is discussed in video after Read more >> jump.
The video report from Chistopher Lewis, FX Empire, for 03 March 2013:
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