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Date:

2012/05/28
01:41
Time:
(GMT +1)
Ticker: EUR
Last:
1.257
Pivot: 1.26
1st sup. 1.2495
2nd sup. 1.2445
3rd sup. 1.242
1st res. 1.26
2nd res. 1.2645
3rd res. 1.2685
Title:
EUR/USD intraday: the downside prevails.
Summary: Update on supports and resistances.
Story:
Pivot: 1.26
Our preference: Short positions below 1.26 with targets @
1.2495 & 1.2445 in extension.
Alternative scenario: Above 1.26 look for further upside with
1.2645 & 1.2685 as targets.
Comment: as long as 1.26 is resistance, likely decline to 1.2495.
Key levels
1.2685
1.2645
1.26
1.257 last
1.2495
1.2445
1.242