Monday, 6 May 2013

Trading Signals: EUR/USD intraday: under pressure

EUR/USD intraday: under pressure.

Pivot: 1.3150.

Our preference: SHORT positions below 1.315 with 1.3075 & 1.3035 as next targets.

Alternative scenario: The upside breakout of 1.315 will open the way to 1.318 & 1.322.

Comment: the pair stands below its new resistance and remains on the downside as the RSI is badly directed.


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