Update on supports and resistances.

Resistance3 : 76.5
Resistance2 : 74.3
Resistance1 : 73
Last Price : 71.6
Pivot Point: 73
Support1 : 69.7
Support2 : 68
Support3 : 65.5

Pivot: 73

Our preference: Short positions below 73 with targets @ 69.7 & 68 in extension.

Alternative scenario: Above 73 look for further upside with 74.3 & 76.5 as targets.

Comment: the pair is rebounding but should strike against its next resistance.

76.5
74.3
73
71.6 (last)
69.7
68
65.5



*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