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Update Daily Technical Levels from FXCC 14 Sep 2011
EUR/USD Intraday Technical Levels: Pivot: 1.367 Preference: Long positions above 1.367 with targets @ 1.379 & 1.388 in extension. Alternative Scenario: Below 1.367 look for further downside with 1.359 & 1.3555 as targets. Comment: the break above 1.367 is a positive signal that has opened a path to 1.379. USD/JPY Intraday Technical Levels: Pivot: 77.1 Preference: Short positions below 77.1 with targets @ 76.75 & 76.55 in extension. Alternative Scenario: Above 77.1 look for further upside with 77.4 & 77.65 as targets. Comment: a key declining trend line maintains downward pressure. GBP/USD Intraday Technical Levels: Pivot: 1.576 Preference: Long positions above 1.576 with targets @ 1.587 & 1.589 in extension. Alternative Scenario: Below 1.576 look for further downside with 1.5705 & 1.566 as targets. Comment: the RSI has just broken above a bearish trend line. Daily Technical Levels from fxcc.com Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC |
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roshan |
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