SHORT EUR/USD
SHORT EUR/USD ΤΩΡΑ……….Pivot: 1.3000Our Preference: SHORT position below 1.30 with 1.2285 & 1.1850 in sight.
Alternative Scenario: Above 1.30 up move to 1.33 & 1.35.
Comment: the pair has broken below its previous low and remains on the downside within a ST bearish channel.
Trend: ST Ltd Downside; MT Range, we have been bearish since 7 MAR 2012 (1.3117).
Key levels Comment
1.3500 *** Horizontal resistance
1.3300 *** Horizontal resistance
1.3000 *** MT pivot point
1.2485 Last
1.2285 *** Previous low
1.1850 *** Horizontal support
1.1650 *** Horizontal support
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