BIG PICTURE PERSPECTIVEEUR/CAD moved away from projected support area , rejecting to trade below 1.5000 . Longer term uptrend is still valid but some signs of weakening are starting to emerge now .and were mentioned here: http://jaroslavv.whotrades.com/blog/43733022897 . If market will be able to move into Target Area 1.5325/50 we will reach another , more significant level from which new trading opportunity will arise . Velocity of the movement , fundamentals and commitment of buyers will be the key for another decision making process at the time . http://smbu.us/smbwh---------------------------------------------------------------------------------------------------------INTRADAY Fundamentals reactions to look for today :- Key economic indicators scheduled for release today include German and Spanish Consumer Price Indices, German Wholesale Price Index and French Current Account Balance.- Intraday support and first retracement from latest swing is at 1.5130 . Below that level would be sign of weakness for long positions as we would be trading under Key intraday level support .- More aggressive support comes at 1.5170 today and will be a gauge of interest .- Expecting some initial resistance and break out later at 1.5200 .- Key resistance and potential target for Day trade or near term comes at 1.5265- Target for longer term players and the next decision making point for me will be the 1.5325/50 area . ---------------------------------------------------------------------------------------------------------To find out more , please go to : http://smbu.us/smbwh ---------------------------------------------------------------------------------------------------------