MARKET ANALYSIS - Intraday Analysis EUR/USD 03 October - TopicsExpress

MARKET ANALYSIS - Intraday Analysis EUR/USD 03 October 2014 Upwards scenario: On the upside potential is seen for a break above the resistance at 1.2681 (R1). In such case we would suggest next target at 1.2715 (R2) and any further rise would then be limited to final resistance at 1.2740 (R3). Downwards scenario: On the other hand, a break of the support at 1.2621 (S1) is required to determine negative intraday bias and enable lower target at 1.2594 (S2). Clearance of this target would open a path towards to final support for today at 1.2571 (S3). Resistance Levels: 1.2681, 1.2715, 1.2740 Support Levels: 1.2621, 1.2594, 1.2571

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