EUR_USD H1 - 08/31/2012

Friday was an interesting day. After testing resistance, the price passed through it. The current top is an intermediate one. The target is placed at the1.267 level (100% extension of previous width). With daily DT Osc bullish I expect a positive reaction at the support line in the next few hours. Long followed a rally above last hour's high as long as the DTosc and Stochastic are not BullOB or bearish.