EUR Trading Outlook (23-12-2015)
EUR/USD
Pivot: 1.09
Our preference: long positions above 1.09 with targets @ 1.098 & 1.101 in extension.
Alternative scenario: below 1.09 look for further downside with 1.0845 & 1.08 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1035 ***
1.101 **
1.098 ***
1.095 Last
1.09 ***
1.0845 ***
1.08 ***
Back to EUR Trading Outlook Archive