EUR/USD INTRADAY: THE UPSIDE PREVAILS.
Pivot: 1.477
Most Likely Scenario: Long positions above 1.477 with targets @ 1.489 & 1.495 in extension.
Alternative scenario: Below 1.477 look for further downside with 1.471 & 1.465 as targets.
Comment: the pair has rebounded on its support and is challenging its resistance.
Wednesday, May 4, 2011
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