Euro-USD: 5 June 2012, Tuesday, 2.47am Singapore Time

NEW EUROS-USD SET-UP (IMMEDIATE TERM/SHORT TERM)

Long Euros if 1.25250 resistance breaks up (Tgt = 1.27500);
else Short Euros if 1.25000 resistance holds and 1.24737 breaks down (Tgt below 1.23000 and constantly variable due to down-channel);
else sideline until either set-up triggers.

Stop-loss Put in as Capital = 50 Pips.