EUR Trading Outlook (09-03-2016)

EUR/USD Intraday: further upside.

Pivot: 1.0975

Our preference: long positions above 1.0975 with targets @ 1.1070 & 1.1100 in extension.

Alternative scenario: below 1.0975 look for further downside with 1.0945 & 1.0925 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
1.1135 ***
1.1100 ***
1.1070 ***
1.1018 Last
1.0975 ***
1.0945 **
1.0925 **

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