EUR Trading Outlook (27-01-2016)
EUR/USD Intraday: the downside prevails
Pivot: 1.0875
Our preference: short positions below 1.0875 with targets @ 1.0805 & 1.0785 in extension.
Alternative scenario: above 1.0875 look for further upside with 1.0895 & 1.092 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.092 ***
1.0895 **
1.0875 ***
1.0849 Last
1.0805 ***
1.0785 ***
1.077 **
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