EUR Trading Outlook (04-08-2015)

EURUSD

Pivot: 1.0995

Likely scenario: Short positions below 1.0995 with targets @ 1.0925 & 1.089 in extension.

Alternative scenario: Above 1.0995 look for further upside with 1.1025 & 1.1085 as targets.

Comment: A break below 1.0925 would trigger a drop towards 1.089.

 

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