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Monday, 4 June 2012

2012.06.04 05:42:45 EUR/USD intraday: rebound expected.

EUR/USD intraday: rebound expected. Update on supports and resistances. Pivot: 1.235 Our preference: Long positions above 1.235 with targets @ 1.246 & 1.2505 in extension. Alternative scenario: Below 1.235 look for further downside with 1.231 & 1.2285 as targets. Comment: technically, the RSI is above its neutrality area at 50. Key levels 1.2545 1.2505 1.246 1.2405 last 1.235 1.231 1.2285 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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