Update chiến lược phiên ÂU 24/11/2010

EUR/USD intraday: capped by a negative trend line
Pivot: 1.342
Our preference: Short positions below 1.342 with targets @ 1.3335 & 1.325 in extension.
Alternative scenario: Above 1.342 look for further upside with 1.347 & 1.3525 as targets.
Comment: the pair remains capped by a declining trend line and is breaking below its support.
Key levels
1.3525
1.347
1.342
1.3346 last
1.3335
1.325
1.316

GBP/USD intraday: under pressure
Pivot: 1.584
Our preference: Short positions below 1.584 with targets @ 1.576 & 1.5725 in extension.
Alternative scenario: Above 1.584 look for further upside with 1.589 & 1.5955 as targets.
Comment: the pair has struck against its resistance and remains on the downside.
Key levels
1.5955
1.589
1.584
1.578 last
1.576
1.5725
1.568

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