Date : 13/04/06
Title : EUR/USD intraday update: Bounce expected
Time : 14:19 (GMT+2)
summary : Update on supports and resistances.
Ticker : EUR
Our preference : LONG at 1.209 with targets at 1.2134 and 1.2168.
Alternative scenario : The downside breakout of 1.208 will trigger a bearish acceleration to 1.2035 and 1.202.
Comment : The pair should bounce off a key rising trend line.
Trend : ST Consolidation; MT Bullish
Last : 1.2096
Pivot : 1.2080
1st Sup : 1.2080
2nd Sup : 1.2035
3rd Sup : 1.2020
1st Res. : 1.2134
2nd Res. : 1.2168
3rd Res. : 1.2200