EUR Trading Outlook (03-02-2016)
EUR/USD Intraday: key resistance at 1.094.
Pivot: 1.094
Our preference: short positions below 1.094 with targets @ 1.089 & 1.0875 in extension.
Alternative scenario: above 1.094 look for further upside with 1.0965 & 1.0995 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.094. The pair broke below a rising trend line
Supports and resistances:
1.0995 ***
1.0965 **
1.094 **
1.0924 Last
1.089 **
1.0875 *
1.086 ***
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