20090203 1055. EURUSD has breached 1.2900. Funny, I was talking to a friend earlier this evening around 7pm. Basically his tone was "EUR is in downtrend. It can't go up..." Actually in trading we need to listen to what the charts tell us and not have too much of bias view. In short, you should be willing to change direction if the market tells you it's wrong. This is a 5 min chart for today.