EUR Trading Outlook (22-01-2016)
EUR/USD Intraday: bullish bias above 1.084.
Pivot: 1.084
Our preference: long positions above 1.084 with targets @ 1.09 & 1.092 in extension.
Alternative scenario: below 1.084 look for further downside with 1.0805 & 1.0775 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.094 ***
1.092 ***
1.09 **
1.0869 Last
1.084 ***
1.0805 **
1.0775 ***