Pivot: 1.378

Our preference: Short positions below 1.378 with targets @ 1.3725 & 1.37 in extension.

Alternative scenario: Above 1.378 look for further upside with 1.381 & 1.3845 as targets.

Comment: The pair is posting a rebound but remains capped by a declining trend line.

Supports and resistances:

1.3845

1.381

1.378

1.3749 Last

1.3725

1.37

1.3685
       

2014-03-27 03:19- Signal

EUR-USD Sell When market 1.3900 . Tp-1.38600 Sl- 1.39500

           Trading Analysis  EUR/USD     2014-03-27 03:19

Pivot: 1.3775

Our preference: Long positions above 1.3775 with targets @ 1.3845 & 1.388 in extension.

Alternative scenario: Below 1.3775 look for further downside with 1.3745 & 1.372 as targets.

Comment: a support base at 1.3775 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.393

1.388

1.3845

1.3784 Last

1.3775

1.3745

1.372

Pivot: 1.3745

Our preference: Long positions above 1.3745 with targets @ 1.3845 & 1.388 in extension.

Alternative scenario: Below 1.3745 look for further downside with 1.372 & 1.369 as targets.

Comment: The pair stands above its support and remains on the upside.

Supports and resistances:

1.393

1.388

1.3845

1.3805 Last

1.3745

1.372

1.369

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