EUR Trading Outlook (11-03-2016)

EUR/USD Intraday: turning up.

Pivot: 1.1030

Our preference: long positions above 1.1030 with targets @ 1.1240 & 1.1294 in extension.

Alternative scenario: below 1.1030 look for further downside with 1.0930 & 1.0820 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:
1.1370 **
1.1294 **
1.1240 ***
1.1179 Last
1.1030 ***
1.0930 **
1.0820 ***

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