EUR Trading Outlook (13-08-2015)

EURUSD

Pivot: 1.101

Likely Scenario: Long positions above 1.101 with targets @ 1.1115 & 1.1155 in extension.

Alternative scenario: Below 1.101 look for further downside with 1.0955 & 1.092 as targets.

Comment: The RSI is bullish and calls for further upside.

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