| Pivot: 1.4190. Our Preference: LONG positions @ 1.42 with 1.432 & 1.438 as next targets. Alternative scenario: The downside penetration of 1.419 will call for 1.4125 & 1.4045. Comment: the pair has broken above its MT bearish channel upper boundary and remains on the upside. Trend: ST Ltd Upside; MT Range |
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Market Chart (Change Pair By Click Menu At Upper Left)
Forex Charts powered by Investing.comWednesday, May 18, 2011
EUR/USD intraday: continuation of the rebound.
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