EUR - USD 8 SEPT 2009 ( PROFIT )

Pivot: 1.4285

Our preference: Long positions above 1.4285 with targets @ 1.4375 & 1.441 in extension.

Alternative scenario: Below 1.4285 look for further downside with 1.426 & 1.422 as targets.

Comment: the pair is on the upside and is challenging its MT declining trend line, the RSI is mixed to bullish.

Key levels
1.4425
1.441
1.4375
1.4338 last
1.4285
1.426
1.422

11PIPS WITH ROKOKSALEM

BUY : 1.4351 ET /TP: 1.4362 SL: 50PIP