Wednesday, December 15, 2010

EUR/USD



16.12.2010 07:17 GMT+1 - EUR/USD intraday: under pressure.

Pivot: 1.3275.
Our Preference: SHORT positions @ 1.3265 with 1.318 & 1.315 as next targets. 
Alternative scenario: The upside breakout of 1.3275 will open the way to 1.3325 & 1.3365.
Comment: the RSI is capped by a declining trend line, the pair is under pressure and is challenging its support.
Trend: ST Ltd Downside; MT Range
by fx4u