EUR Trading Outlook (06-08-2015)

EURUSD

Pivot: 1.0895

likely scenario: Short positions below 1.0895 with targets @ 1.0835 & 1.081 in extension.

Alternative scenario: Above 1.0895 look for further upside with 1.093 & 1.0965 as targets.

Comment: The RSI is mixed to bearish.

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