EUR Trading Outlook (17-09-2015)
EURUSD
Pivot: 1.1265
Likely scenario: Long positions above 1.1265 with targets @ 1.133 & 1.137 in extension.
Alternative scenario: Below 1.1265 look for further downside with 1.121 & 1.118 as targets.
Comment: The RSI is mixed with a bullish bias. The pair has broken above the upper boundary of a bearish channel and remains on the upside.
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