Market Analysis - 04 Jun 2009

Today we go more on pair E/U. Price still in bullish mode , in 15m chart price will go up first to area 1.4209 - 1.448 , then make drop back to make correction , this we can see in hourly chart,
Up to 1.4240 area , if break and cross RIVER buy can take above 1.4255 if NOT cross RIVER
we can see price drop back to 1.40xx area. the best buy can take the bottom support follow 4H chart at 1.39xx area. Daily chart already OB , price will do the correction before it can up again .