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EUR/USD INTRADAY: CAPPED BY A NEGATIVE TREND LINE.
2011-12-09 10:05:26

 

EUR/USD INTRADAY: CAPPED BY A NEGATIVE TREND LINE.
Pivot: 1.345

Most Likely Scenario: Short positions below 1.345 with targets @ 1.335 & 1.3305 in extension.

Alternative scenario: Above 1.345 look for further upside with 1.3485 & 1.352 as targets.

Comment: The RSI lacks upward momentum.
 

 



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