04/16/09 8:34 pm - EURUSD: Break of 1.3087 support, short
1.3087 support was broken in late Asia, and 1.2940 is the next target. 1.3087 should now be strong resistance. Price is currently stalling at 1.3065, but I expect follow through due to recent consolidation above this level.
RSI broke its strong support trendline, indicating further weakness.
My long trade was stopped out and I went short at 1.3075.
Hourly Chart:





![Validate my RSS feed [Valid RSS]](http://www.kangarootail.com/valid-rss.png)
