EUR Trading Outlook (15-01-2016)
EUR/USD Intraday: consolidation
Pivot: 1.0945
Our preference: short positions below 1.0945 with targets @ 1.08 & 1.077 in extension.
Alternative scenario: above 1.0945 look for further upside with 1.0975 & 1.099 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
1.099 ***
1.0975 ***
1.0945 ***
1.0854 Last
1.08 ***
1.077 ***
1.0735 ***