By ForexMansion.com
With an imminent GDP announcement, this pair looks like it is finding support at the roughly 0.73 level, as the lows actually dip as far as 0.71. This creates a massive support zone that could hold it up over the longer-term. If we can break the recent highs at 0.7450, this would be very bullish for the short-term in this market. A break below the 0.71 handle would be very bearish. In the mean time however, it looks like this market wants to rise in value though.
