| EUR/USD INTRADAY: TOWARDS 1.455 |
| Pivot: 1.4410. Most Likely Scenario: LONG positions @ 1.442 with targets @ 1.452 & 1.455. Alternative scenario: The downside penetration of 1.441 will call for 1.438 & 1.435. Comment: The RSI has just broken above a declining trend line and the pair is trading in an intraday bullish channel. Trend: ST Ltd Upside; MT Range Risk Warning: FOREX's, which are leveraged products, incur a high level of risk and can result in the loss of all your invested capital. Therefore,FOREXs may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary. |
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