EUR Trading Outlook (12-08-2015)

EURUSD

Pivot: 1.0955

Likely Scenario: Long positions above 1.0955 with targets @ 1.108 & 1.1115 in extension.

Alternative scenario: Below 1.0955 look for further downside with 1.092 & 1.088 as targets.

Comment: The RSI is well directed.

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