EUR Trading Outlook (28-01-2016)

EUR/USD Intraday: the upside prevails.

Pivot: 1.085

Our preference: long positions above 1.085 with targets @ 1.092 & 1.094 in extension.

Alternative scenario: below 1.085 look for further downside with 1.082 & 1.08 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1.0965 ***
1.094 ***
1.092 ***
1.0903 Last
1.085 **
1.082 ***
1.08 ***

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