Update on supports and resistances.

Resistance3 : 78.5
Resistance2 : 77
Resistance1 : 75.45
Last Price : 72.52
Pivot Point: 75.45
Support1 : 71
Support2 : 69.7
Support3 : 68

Pivot: 75.45

Our preference: Short positions below 75.45 with targets @ 71 & 69.7 in extension.

Alternative scenario: Above 75.45 look for further upside with 77 & 78.5 as targets.

Comment: the pair is on the downside and should break below its previous low, the RSI is bearish.

78.5
77
75.45
72.52 (last)
71
69.7
68



*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