UBS - EURUSD BEARISH Bearish trend conditions persist. Focus is on the support at 1.2876

UBS - "EURUSD BEARISH Bearish trend conditions persist. Focus is on the support at 1.2876, a break below would expose 1.2662. Resistance is at 1.3074 ahead of 1.3134.
EURGBP BULLISH The latest setback does not change the bullish picture as long as support at 0.8589 holds. Resistance is at 0.8831, a break above would open 0.9021.
EURJPY BULLISH Initial resistance is at 126.04, a break above would open strong area at 127.71-127.92. Support is at 122.39."

Views: 30

Tags: EUR/GBP, EUR/JPY, EUR/USD, EURGBP, EURJPY, EURUSD, UBS

Comment by Georgi Vukov on March 14, 2013 at 10:54am

Too much focus in 1.2876 isn't good for the support it self, I think it will go like a falling knife thru that level and buyers if any will be very surprised.  

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