EUR/USD: Today's Outlook

 | Jan 28, 2015 04:44AM ET

EUR/USD has formed a bullish daily pattern and broke through 1400 and in the context of intraday trading we can assume intraday is bullish. 1300-1325 is a POC confluence zone. If the price gives us a proper pullback we could start searching for long opportunities. Target for the move is 1465- bottom of the flat bottom triangle and resistance and if it breaks 1490. Longs are invalidated below 1252.