Trade Alerts, Trend Reports and Opinions by FX Options
Euro: the downside prevails.
September 1, 2011 at 10:50 pm • Posted in Daily Trend Report
Euro
| Pivot: 72 |
| Our Scenario: Short positions below 72 with targets @ 68 & 67 in extension. |
| Alternative Scenario: Above 72 look for further upside with 73.5 & 75 as targets. |
| Comment: the pair is posting a rebound but remains under pressure. |
| Option Strategy |
| Option ST |
-1 |
| Delta ST |
0 |
| opinion MT |
0 |
| Delta MT |
0 |
| Chart Levels |
| Resistance1 |
72 |
| Resistance2 |
73.5 |
| Resistance3 |
75 |
| Support1 |
68 |
| Support2 |
67 |
| Support3 |
66 |
