Update on supports and resistances.

Resistance3 : 81.5
Resistance2 : 80
Resistance1 : 78.5
Last Price : 76.64
Pivot Point: 75.5
Support1 : 75.5
Support2 : 74
Support3 : 72.8

Pivot: 75.5

Our preference: Long positions above 75.5 with targets @ 78.5 & 80 in extension.

Alternative scenario: Below 75.5 look for further downside with 74 & 72.8 as targets.

Comment: the pair stands within a bullish channel, the RSI is turning up.

81.5
80
78.5
76.64 (last)
75.5
74
72.8



*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