Wednesday, September 19, 2012

EUR/USD intraday: under pressure.


Pivot: 1.3100.
Our preference: SHORT positions below 1.31 with 1.3015 & 1.2975 in sight.
Alternative scenario: The upside penetration of 1.31 will call for 1.314 & 1.317.
Comment: the pair is posting a rebound but stands below its new resistance.

By at

USDCHF Technical Analysis - Sell at 0.9955

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