Wednesday, 20 February 2013

EUR/USD: still positive

The mkt. is off the top but s/term structure should stay  positive while 1.3375/80 contains the downside. Above today's high next targets are at 1.3454 then 1.3475.N.I. 
R4: 1.3520 * 13 Feb high
R3: 1.3475 * 12 Feb high
R2: 1.3454  Thurs high
R1: 1.3433  today high
S1: 1.3375/80  intraday level
S2: 1.3350  intraday level
S3: 1.3320  Mon low
S4: 1.3305 * Fri low
S5: 1.3285  trendline

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