EUR Trading Outlook (03-09-2015)

EURUSD

Pivot: 1.126

Likely scenario: Short positions below 1.126 with targets @ 1.12 & 1.1155 in extension.

Alternative scenario: Above 1.126 look for further upside with 1.129 & 1.132 as targets.

Comment: The pair has broken below a rising trend line and remains on the downside.

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