Pivot: 1.303Our preference: Short positions below 1.303 with targets @ 1.29 & 1.285 in extension.
Alternative scenario: Above 1.303 look for further upside with 1.31 & 1.3195 as targets.
Comments: the pair has struck against its intermediary resistance, the RSI is on the downside.
Economic Calendar: ECB President Trichet Speaks (5.30 pm)
Live Trading: Sold EUR/USD 1.2895 [Closed +60]
2 comments:
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