[table]



[table]


Date: |
2009/08/04


Time: |
10:03 (GMT +2)


Ticker: |
EUR


Last: |
1.44


Pivot: |
1.432


1st sup. |
1.432


2nd sup. |
1.425


3rd sup. |
1.4205


1st res. |
1.445


2nd res. |
1.4525


3rd res. |
1.46
[/table] |

[table]



[table]


Title: |
EUR/USD intraday: rebound expected.


Summary: |
Update on supports and resistances.


Story: |
Pivot: 1.432

Our preference: Long positions above 1.432 with targets @ 1.445 & 1.4525 in extension.

Alternative scenario: Below 1.432 look for further downside with 1.425 & 1.4205 as targets.

Comments: the pair is challenging its support and should post a rebound.

[/table]



[/table]
[/table]