EUR Trading Outlook (02-02-2016)
EUR/USD Intraday: limited upside.
Pivot: 1.087
Our preference: long positions above 1.087 with targets @ 1.0925 & 1.094 in extension.
Alternative scenario: below 1.087 look for further downside with 1.0835 & 1.081 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.0965 **
1.094 **
1.0925 **
1.0887 Last
1.087 **
1.0835 *
1.081 ***