EURO/USD INTRADAY:FURTHER ADVANCE
PIVOT:1.425
Most Likely Scenario: Long positions above 1.425 with targets @ 1.4445 & 1.451 in extension.
Alternative scenario: Below 1.425 look for further downside with 1.42 & 1.416 as targets.
Comment: the pair has broken above its declining trend line and should post further advance.
Risk Warning: FOREXs, 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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