EUR Trading Outlook (20-08-2015)

EURUSD

Pivot: 1.107

Likely scenario: Long positions above 1.107 with targets @ 1.1165 & 1.1185 in extension.

Alternative scenario: Below 1.107 look for further downside with 1.1015 & 1.098 as targets.

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

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