EUR Trading Outlook (31-12-2015)
EUR/USD Intraday: under pressure
Pivot: 1.096
Our preference: short positions below 1.096 with targets @ 1.09 & 1.0865 in extension.
Alternative scenario: above 1.096 look for further upside with 1.099 & 1.101 as targets.
Comment: a break below 1.09 would trigger a drop towards 1.0865.
Supports and resistances:
1.101 **
1.099 ***
1.096 ***
1.0925 Last
1.09 ***
1.0865 **
1.0845 **