14.10.2011 11:23 GMT+1 - EUR/USD intraday: capped by a negative trend line.
Pivot: 1.383
Our preference: Short positions below 1.383 with targets @ 1.3725 & 1.37 in extension.
Alternative scenario: Above 1.383 look for further upside with 1.3875 & 1.395 as targets.
Comment: the pair is challenging its declining trend line.
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