Kamis, 20 Maret 2014

EUR/USD Intraday: the downside prevails

Title: EUR/USD Intraday: the downside prevails.
Summary: Short positions below 1.3845 with targets @ 1.374 & 1.3705 in extension.
Story: Pivot: 1.3845

Our preference: Short positions below 1.3845 with targets @ 1.374 & 1.3705 in extension.

Alternative scenario: Above 1.3845 look for further upside with 1.388 & 1.39 as targets.

Comment: as long as 1.3845 is resistance, likely decline to 1.374.

Supports and resistances:
1.39
1.388
1.3845
1.378 Last
1.374
1.3705
1.369

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