Update - Daily Technical Levels from FXCC – 22 Sep 2011

[alayoua]

Update - Daily Technical Levels from FXCC – 22 Sep 2011

EUR/USD Intraday Technical Levels:

Pivot: 1.3575
Preference: Short positions below 1.3575 with targets @ 1.341 & 1.332 in extension.
Alternative Scenario: Above 1.3575 look for further upside with 1.37 & 1.38 as targets.
Comment: the pair stands below its resistance and remains under pressure.

USD/JPY Intraday Technical Levels:

Pivot: 76.7
Preference: Short positions below 76.7 with targets @ 76.25 & 76.1 in extension.
Alternative Scenario: Above 76.7 look for further upside with 77 & 77.25 as targets.
Comment: the pair is under pressure and is challenging its support.

GBP/USD Intraday Technical Levels:

Pivot: 1.552
Preference: Short positions below 1.552 with targets @ 1.537 & 1.5285 in extension.
Alternative Scenario: Above 1.552 look for further upside with 1.5575 & 1.5635 as targets.
Comment: the pair is breaking below its support and remains on the downside.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC