So far the break is holding but the euro is not straying to far from the break level
Here's the chart I was going to post up first time showing that the buyers we're keeping the pressure on after several efforts to break 1.1380 through Asia and early Europe
EURUSD 15m chart1
Obviously the market was to rude to wait until I finished the post and broke though in the middle of me typing it. Anyway, we went through there and 1.1400 and have just successfully tested and held 1.1380
EURUD 15m chart2
I've bought into the break at 1.1395 after it fell back from 1.1420, and again at 1.1385, though I'm a little cautious about the lack of follow through so I'm keeping my stops very tight under 1.1380. I'm looking for the price to get back into 1.1400 and to start building a base there before pushing higher. If it does that I'll start trailing the stop up behind it
At the moment the break is on and while 1.1380 holds it will give buyers the confidence to push on up
