EUR Trading Outlook (02-09-2015)

EURUSD

Pivot: 1.123

Likely scenario: Long positions above 1.123 with targets @ 1.135 & 1.14 in extension.

Alternative scenario: Below 1.123 look for further downside with 1.12 & 1.1155 as targets.

Comment: The pair has broken above a declining trend line and remains on the upside.


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