Update on supports and resistances.

Resistance3 : 82.5
Resistance2 : 81
Resistance1 : 80
Last Price : 78.55
Pivot Point: 80
Support1 : 77
Support2 : 75
Support3 : 73

Pivot: 80

Our preference: Short positions below 80 with targets @ 77 & 75 in extension.

Alternative scenario: Above 80 look for further upside with 81 & 82.5 as targets.

Comment: the pair has struck against its resistance and is breaking below its MT bullish channel lower boundary.

82.5
81
80
78.55 (last)
77
75
73



*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