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Daily Technical Levels from FXCC – 26 Sep 2011
EUR/USD Intraday Technical Levels: Pivot: 1.3475. Preference: SHORT positions @ 1.3465 with 1.3385 & 1.332 in sight. Alternative Scenario: The upside breakout of 1.3475 will open the way to 1.3575 & 1.363. Comment: the pair remains under pressure and is approaching its previous low. USD/JPY Intraday Technical Levels: Pivot: 76.70. Preference: SHORT positions @ 76.65 with 76.1 & 75.95 in sight. Alternative Scenario: The upside breakout of 76.7 will open the way to 76.9 & 77.1. Comment: the pair remains under pressure and is approaching its support. GBP/USD Intraday Technical Levels: Pivot: 1.5500. Preference: SHORT positions @ 1.549 with 1.537 & 1.5325 in sight. Alternative Scenario: The upside breakout of 1.55 will open the way to 1.5575 & 1.563. Comment: the RSI is capped by a declining trend line, the pair stands below its resistance and should face a weakness. Daily Technical Levels from fxcc.com Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC |
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