Update on supports and resistances. ( 27/02/2012 07:23 )
Pivot: 1.3400.
Our Preference: LONG positions @ 1.341 with 1.3485 & 1.353 in sight.
Alternative scenario: The downside penetration of 1.34 will call for a slide towards 1.334 & 1.329.
Comment: the pair remains on the upside.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.3565** Horizontal resistance
1.353** Horizontal resistance
1.3485** Intraday resistance
1.3441 Last
1.34** Intrady pivot point
1.334** Horizontal support
1.329** Horizontal support
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