Update on supports and resistances.

Resistance3 : 72
Resistance2 : 70
Resistance1 : 69
Last Price : 66.56
Pivot Point: 69
Support1 : 65.5
Support2 : 63.3
Support3 : 62.5

Pivot: 69

Our preference: Short positions below 69 with targets @ 65.5 & 63.3 in extension.

Alternative scenario: Above 69 look for further upside with 70 & 72 as targets.

Comment: the RSI is capped by a MT declining trend line, the pair is on the downside and is breaking below its previous low.

72
70
69
66.56 (last)
65.5
63.3
62.5



*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