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EUR/USD INTRADAY: UNDER PRESSURE.
2012-03-07 09:36:20

 

EUR/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.321

Most Likely Scenario: Short positions below 1.321 with targets @ 1.3125 & 1.31 in extension.

Alternative scenario: Above 1.321 look for further upside with 1.324 & 1.328 as targets.

Comment: the RSI is badly directed, the pair has broken below its support and remains on the downside.
 

 



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