EURUSD intraday technical analysis - optimistic on EZ finance ministers' meeting

The EURUSD is in a strong bull move following the optimism of the EZ finance ministers' meeting today. The QE3 announcement yesterday by the FED chairman Ben Bernanke also added to the already strong Euro and I see no reason to change to bearish bias. The pair broke easily the 1.2994 ex support now turned resistance which is the 16.04.2012 low but this seems too good to be true and I think that the pair will go back to test for support around 1.30 before going up.