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.