Friday, October 7, 2011

EUR/USD Analysis 07.10.2011 21:36 GMT


07.10.2011 21:36 GMT+1 - EUR/USD intraday: rebound.

Pivot: 1.336

Our preference: Long positions above 1.336 with targets @ 1.345 & 1.352 in extension.

Alternative scenario: Below 1.336 look for further downside with 1.332 & 1.3275 as targets.

Comment: the RSI is supported by a bullish trend line.

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