EUR Trading Outlook (07-03-2016)
EUR/USD Intraday: the upside prevails.
Pivot: 1.0925
Our preference: long positions above 1.0925 with targets @ 1.1070 & 1.1100 in extension.
Alternative scenario: below 1.0925 look for further downside with 1.0890 & 1.0850 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.1135 ***
1.1100 **
1.1070 ***
1.0990 Last
1.0925 **
1.0890 ***
1.0850 ***