Nov-21: Forex Analysis Eur/usd - Forex Forum

 
> Nov-21: Forex Analysis Eur/usd, Nov-21: Forex Analysis Eur/usd
flyersummer
post Nov 21 2008, 16:33
Post


Title: EUR/USD intraday: key ST resistance at 1.262.
Summary: Update on supports and resistances.
Story: Pivot: 1.262

Short positions below 1.262 with targets @ 1.2525 & 1.2475 in extension.

Alternative scenario: Above 1.262 look for further upside with 1.27 & 1.273 as targets.

Comments: the pair is capped by a declining trend line. 1.262 is 50% retracement of the previous leg down.


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