EUR Trading Outlook (08-07-2015)

EURUSD

Pivot: 1.096

Likely scenario: Long positions above 1.096 with targets @ 1.1055 & 1.1085 in extension.

Alternative scenario: Below 1.096 look for further downside with 1.0915 & 1.0865 as targets.

Comment: The RSI is above its neutrality area at 50%.

 

 

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