Pivot: 1.2930.
Most Likely Scenario: LONG positions @ 1.294 with 1.3 & 1.307 in sight.
Alternative scenario: The downside penetration of 1.293 will call for a slide towards 1.2875 & 1.2825.
Comment: the pair remains in a bullish channel. The upside breakout of 1.30 will trigger a bullish acceleration towards 1.3070 initially.
Tuesday, July 20, 2010
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Tuesday, July 20, 2010
pipsrunner
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