Key areas to watch for this EU pull-back

Short coverings were seen in this pair for the past 3 weeks or so at the recent swing low of 1.3444. with about 3-4 touches in the 4Hourly chart, the buying presence is fierce at this area. However, it would be interesting to note how would the pair might react at these important resistance levels at 1.3700,1.3800 and 1.3850. As Prime Minister George Papandreou prepares to meet Germany’s Angela Merkel on March 5, we might see EU trading in range bound until then. current range : 1.3850 to 1.3444. and dont 4get we have the all important NFP friday on dat day too. so stay tuned !