Technical Analysis on FXone - page 51
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Pre US Open Analysis, FxPro
2011-09-19
EUR/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.3715
Most Likely Scenario: Short positions below 1.3715 with targets @ 1.359 & 1.3555 in extension.
Alternative scenario: Above 1.3715 look for further upside with 1.3775 & 1.3835 as targets.
Comment: the RSI is capped by a declining trend line, the pair has struck against its new resistance and remains on the downside... read Pre US Open Analysis
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