Wednesday, October 5, 2011

EUR/USD Analysis 06.10.2011 07:16 GMT






06.10.2011 07:16 GMT+1 - EUR/USD intraday: under pressure.
Pivot: 1.3385.
Our Preference: SHORT positions @ 1.3375 with targets @ 1.328 & 1.3225.
Alternative scenario: The upside breakout of 1.3385 will open the way to 1.342 & 1.348. Comment: the pair stands below its resistance and is breaking below a rising trend line. Trend: ST Consolidation; MT Bearish





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