Rabu, 02 April 2014

EUR/USD Intraday: under pressure.



Title: EUR/USD Intraday: under pressure.
Summary: Short positions below 1.3795 with targets @ 1.374 & 1.372 in extension.
Story: Pivot: 1.3795

Our preference: Short positions below 1.3795 with targets @ 1.374 & 1.372 in extension.

Alternative scenario: Above 1.3795 look for further upside with 1.382 & 1.3845 as targets.

Comment: Technically the RSI is below its neutrality area at 50. The pair has validated a rising wedge and remains under pressure.

Supports and resistances:
1.3845
1.382
1.3795
1.3758 Last
1.374
1.372
1.37

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