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Monday, 7 May 2012

2012.05.07 04:27:46 EUR/USD intraday: the downside prevails.

EUR/USD intraday: the downside prevails. Update on supports and resistances. Pivot: 1.3075 Our preference: Short positions below 1.3075 with targets @ 1.2925 & 1.2875 in extension. Alternative scenario: Above 1.3075 look for further upside with 1.312 & 1.3175 as targets. Comment: the RSI is badly directed. Key levels 1.3175 1.312 1.3075 1.29748 last 1.2925 1.2875 1.285 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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