EUR Trading Outlook (19-02-2016)
EUR/USD Intraday: the downside prevails.
Pivot: 1.1145
Our preference: short positions below 1.1145 with targets @ 1.1070 & 1.1040 in extension.
Alternative scenario: above 1.1145 look for further upside with 1.1185 & 1.1210 as targets.
Comment: as long as the resistance at 1.1145 is not surpassed, the risk of the break below 1.1070 remains high.
Supports and resistances:
1.1210 ***
1.1185 ***
1.1145 ***
1.1112 Last
1.1070 **
1.1040 **
1.0990 ***