EUR/USD - 60 MIN CHART
LOOKS PRETTY VULNERABLE...

This pair made strong top at 1.3338 and ever since making the top now it looks vulnerable on 60 min charts. As long as it holds 1.3275 everything will be ok for this pair and even it can break the 1.3338. Well 1.3275 is the cluster support (23.6% fibo support of 1.3338 to 1.3086 at 1.3279). A move down below the aforementioned level it'll retrace the rally and it'll fine the support at 1.3243 which is the 38.2% fibo of 1.3338-1.3086. And the next support comes at 1.3215 which is th 50% fibo suport of 1.3338-1.3086 and then the major one at is at 1.3184. Testing the low of 1.3086 is seem to be far away, coz tomorrow we're having a Fed interest rate meeting. To test the 1.3086 we need some hwkish stance from Bernanke. 60 Min RSI floating below its mid point level. 60 min MACD is also hovering below its mid-point level. Well on top of the chat you can see the small Descending Triangle pattern.