Technical Analyzer
Date: 2009/03/11
Time: 07:22 (GMT +2)
Ticker: EUR
Last: 1.2645
Pivot: 1.275
1st sup. 1.2575
2nd sup. 1.2525
3rd sup. 1.2455
1st res. 1.275
2nd res. 1.28
3rd res. 1.2875
Title: EUR/USD intraday: turning down.
Summary: Update on supports and resistances.
Story: Pivot: 1.2750.
Our Preference: SHORT positions @ 1.274 with targets @ 1.2575 & 1.2525.
Alternative scenario: The upside breakout of 1.275 will open the way to 1.28 & 1.2875.
Comment: the pair has struck against its resistance and is challenging its MT bullish channel lower boundary, the RSI is on the downside.
Trend: ST Ltd Upside; MT Bearish
Key levels Comment
1.2875** Intraday resistance
1.28** Intraday resistance
1.275** Intraday pivot point
1.2645 Last
1.2575** Intraday support
1.2525** Intraday support
1.2455** Intraday support