EUR Trading Outlook (03-08-2015)
EURUSD
Pivot: 1.1025
Likely scenario: Short positions below 1.1025 with targets @ 1.0925 & 1.089 in extension.
Alternative scenario: Above 1.1025 look for further upside with 1.1085 & 1.1115 as targets.
Comment: As long as the resistance at 1.1025 is not surpassed, the risk of the break below 1.0925 remains high.
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