Galib Mammadov   mqalib.futurenet.club
Stochastic oscillator stays flat in oversold zone, MACD oscillator shows mixed signals. It is hard to determine the long term trend.
Currently the pair stands on the following critical levels:

R2- 1.5921
R1- 1.5879
P- 1.5859
S1- 1.5818
S2- 1.5797

As long as the pair stands below the daily pivot at 1.5859, the pair stands on bearish bias down to 1.5756. However breaking above 1.5859 traders could expect targets towards 1.5941 level.

R=Resistance
P= Daily Pivot
S= Support
Nov 14th 2012 23:40