| Date: | 2011/03/23 |
| Time: | 14:09 (GMT +1) |
| Ticker: | EUR |
| Last: | 1.4141 |
| Pivot: | 1.34 |
| 1st sup. | 1.34 |
| 2nd sup. | 1.29 |
| 3rd sup. | 1.26 |
| 1st res. | 1.425 |
| 2nd res. | 1.445 |
| 3rd res. | 1.5 |
| Title: | EUR/USD MT: the upside prevails. | |||
| Summary: | Update on supports and resistances. | |||
| Story: | Pivot: 1.3400 Our preference: LONG above 1.34 towards 1.4250 & 1.4450. Alternative scenario: A downside breakout of 1.34 would open the way towards 1.29. Comment: the pair remains on the upside and is challenging its resistance, the RSI is well directed. Trend: ST Ltd Upside; MT Range, we have been bullish since 19 JAN 2011 (1.3505). Key levels Comment 1.5000 ** Horizontal resistance 1.4450 ** Horizontal resistance 1.4250 *** Horizontal resistance 1.4141 Last 1.3400 ** MT pivot point 1.2900*** Horizontal support 1.2600*** Horizontal support |
