EUR/USD Analysis 12.10.2011 19:34 GMT
12.10.2011 19:34 GMT+1 - EUR/USD intraday: the upside prevails.Pivot: 1.369Our preference: Long positions above 1.369 with targets @ 1.383 & 1.3875 in extension.Alternative scenario: Below 1.369 look for further downside with 1.3615 & 1.357 as targets.Comment: a consolidation cannot be ruled out but the 1.3690 support area maintains upward pressure.
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