EUR Trading Outlook (27-08-2015)

EURUSD

Pivot: 1.156

Likely scenario: Short positions below 1.156 with targets @ 1.1395 & 1.1345 in extension.

Alternative scenario: Above 1.156 look for further upside with 1.1625 & 1.1715 as targets.

Comment: The RSI is badly directed.

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