EUR Trading Outlook (03-03-2016)
EUR/USD Intraday: under pressure.
Pivot: 1.0895
Our preference: short positions below 1.0895 with targets @ 1.0820 & 1.0785 in extension.
Alternative scenario: above 1.0895 look for further upside with 1.0915 & 1.0940 as targets.
Comment: the RSI is badly directed.
Supports and resistances:
1.0940 ***
1.0915 **
1.0895 ***
1.0865 Last
1.0820 ***
1.0785 ***
1.0750 **