EUR/USD Intraday Trading Report February 13, 2012

Update 1 (01:45 GMT): I see that the price has opened up for trading with a gap up. 1.3156 (daily low Feb 10) should act as the immediate support level for the time being. Upside is capped once again at 1.3330 (the 100-day MA) for the pair.

Update 2 (09:27 GMT): European markets are holding up the price of this pair. Watch out for the 100-day MA which will be touched if there are ample levels of enthusiasm among the traders.

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