Thursday, September 27, 2012

EUR/MXN intraday: the downside prevails.


Pivot: 16.75
Our preference: Short positions below 16.75 with targets @ 16.52 & 16.44 in extension.
Alternative scenario: Above 16.75 look for further upside with 16.85 & 17 as targets.
Comment: the pair has broken below its support and remains under pressure.

By at

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