Update on supports and resistances.

Resistance3 : 82.3
Resistance2 : 80.5
Resistance1 : 78.5
Last Price : 75.65
Pivot Point: 78.5
Support1 : 74
Support2 : 72.5
Support3 : 70.4

Pivot: 78.5

Our preference: Short positions below 78.5 with targets @ 74 & 72.5 in extension.

Alternative scenario: Above 78.5 look for further upside with 80.5 & 82.3 as targets.

Comment: the RSI stands within a bearish channel, the pair should face a further weakness.

82.3
80.5
78.5
75.65 (last)
74
72.5
70.4



*USD/EUR Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the EURO. For details go to www.ise.com