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Wednesday, 30 May 2012

2012.05.30 05:40:53 EUR/USD intraday: the downside prevails.

EUR/USD intraday: the downside prevails. Update on supports and resistances. Pivot: 1.2515 Our preference: Short positions below 1.2515 with targets @ 1.242 & 1.2365 in extension. Alternative scenario: Above 1.2515 look for further upside with 1.2575 & 1.263 as targets. Comment: the immediate trend remains down and the momentum is strong. Key levels 1.263 1.2575 1.2515 1.24658 last 1.242 1.2365 1.23 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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