Monday, October 10, 2011

EUR/USD Analysis 10.10.2011 07:22 GMT


10.10.2011 07:22 GMT+1 - EUR/USD intraday: the upside prevails. Pivot: 1.3380. Our Preference: LONG positions @ 1.34 with 1.352 & 1.3565 in sight. Alternative scenario: The downside penetration of 1.338 will call for a slide towards 1.332 & 1.325. Comment: the RSI is supported by a rising trend line. Trend: ST Consolidation; MT Bearish

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