Saturday, September 15, 2012

EUR/USD INTRADAY: THE UPSIDE PREVAILS.

Pivot: 1.2975

Most Likely Scenario: Long positions above 1.2975 with targets @ 1.305 & 1.309 in extension.

Alternative scenario: Below 1.2975 look for further downside with 1.293 & 1.2855 as targets.

Comment: The pair remains on the upside as the RSI is well directed.