Update on supports and resistances.

Resistance3 : 77
Resistance2 : 75.45
Resistance1 : 74.3
Last Price : 71.64
Pivot Point: 74.3
Support1 : 71
Support2 : 69.7
Support3 : 68

Pivot: 74.3

Our preference: Short positions below 74.3 with targets @ 71 & 69.7 in extension.

Alternative scenario: Above 74.3 look for further upside with 75.45 & 77 as targets.

Comment: the pair remains on the downside and should face a further weakness towards its next support, the RSI is bearish.

77
75.45
74.3
71.64 (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