Despite intra-day fall to 1.3282, as the single currency has rebounded after holding above previous support at 1.3267 on buying by semi-official accounts and central banks, suggesting consolidation would be seen and as the 4-hour chart showed a potential morning star pattern, mild upside bias is for correction towards 1.3424-29...

http://www.actionforex.com/action-insight/...20100408110545/