Sunday, October 9, 2011

EUR/USD Analysis 10.10.2011 03:48 GMT


10.10.2011 03:48 GMT+1 - EUR/USD intraday: rebound.

Pivot: 1.336

Our preference: Long positions above 1.336 with targets @ 1.352 & 1.3565 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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