EUR Trading Outlook (09-07-2015)

EURUSD

Pivot: 1.1

Likely scenario: Long positions above 1.1 with targets @ 1.112 & 1.115 in extension.

Alternative scenario: Below 1.1 look for further downside with 1.097 & 1.0915 as targets.

Comment: The RSI is supported by a bullish trend line.

 

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