Pivot: 1.4620. Our Preference: LONG positions @ 1.463 with 1.47 & 1.4755 in sight. Alternative scenario: The downside penetration of 1.462 will call for a slide towards 1.459 & 1.4555. Comment: the pair has rebounded on its MT bullish channel lower boundary and should post further advance. Trend: ST Ltd Upside; MT Range |
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Wednesday, June 8, 2011
EUR/USD intraday: the upside prevails. (Pre Europe Session)
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