Update on supports and resistances.

Resistance3 : 80
Resistance2 : 77.5
Resistance1 : 75.3
Last Price : 74.1
Pivot Point: 72.5
Support1 : 72.5
Support2 : 71
Support3 : 69.5

Pivot: 72.5

Our preference: Long positions above 72.5 with targets @ 75.3 & 77.5 in extension.

Alternative scenario: Below 72.5 look for further downside with 71 & 69.5 as targets.

Comment: the pair should rebound on its bullish channel lower boundary.

80
77.5
75.3
74.1 (last)
72.5
71
69.5



*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