Senin, 07 April 2014

EUR/USD Intraday: the upside prevail




Title: EUR/USD Intraday: the upside prevails.
Summary: Long positions above 1.371 with targets @ 1.3755 & 1.3785 in extension.
Story: Pivot: 1.371

Our preference: Long positions above 1.371 with targets @ 1.3755 & 1.3785 in extension.

Alternative scenario: Below 1.371 look for further downside with 1.369 & 1.367 as targets.

Comment: The pair is rebounding and is breaking above its resistance.

Supports and resistances:
1.3815
1.3785
1.3755
1.3736 Last
1.371
1.369
1.367

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