EURUSD Daily Dynamic Pivot Points March 06, 2012


Update 1 (03:48 GMT): The price of this pair managed to get to higher levels yesterday even though it had breached 1.3180 barrier downwards in a convincing manner. However, the up move has not sustained and we are back once again to the 1.3180 – 1.3200 price bracket.

Level Technical Significance
1.3333 Daily High Mar 2
1.3324 10-Day MA
1.33 Psychological Level
1.3282 Daily Low Mar 1
1.3191 03:40 GMT TUE 06 MAR
1.3156 Feb 20 Lo, Jan-Feb Up TL
1.3115 Daily Low Feb 17
1.2974 Daily Low Feb 16
1.2931 Daily Low Jan 25

Update 2 (15:09 GMT): Despite showing a fall further downwards, the pair is finding support in between 1.3120 to 1.3130 range.

Level Technical Significance
1.33 Psychological Level
1.3282 Daily Low Mar 1
1.3242 Daily High Mar 5
1.3226 Session High Mar 6
1.3131 14:50 GMT TUE 06 MAR
1.31 Psychological Level
1.2974 Daily Low Feb 16
1.2931 Daily Low Jan 25
1.2927 Ichimoku Cloud Base
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