Tuesday, September 25, 2012

EUR/USD intraday: key resistance at 1.297.


Pivot: 1.297
Our preference: Short positions below 1.297 with targets @ 1.2885 & 1.2865 in extension.
Alternative scenario: Above 1.297 look for further upside with 1.3 & 1.3045 as targets.
Comment: the pair stands below its new resistance and remains with in a bearish channel.

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