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Friday, 20 July 2012

2012.07.19 13:45:15 EUR/USD intraday: bullish bias above 1.225.

EUR/USD intraday: bullish bias above 1.225.

Update on supports and resistances.
Pivot: 1.225

Our preference: Long positions above 1.225 with targets @ 1.23 &
1.2325 in extension.

Alternative scenario: Below 1.225 look for further downside with
1.2215 & 1.2175 as targets.

Comment: the pair is pulling back on its support.

Key levels
1.235
1.2325
1.23
1.2287 last
1.225
1.2215
1.2175


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