EUR Trading Outlook (18-04-2016)
Trade EUR/USD ST: the bias remains bullish
Pivot: 1.0820
Our preference: long positions above 1.0820 with targets @ 1.1495 & 1.1715 in extension.
Alternative scenario: below 1.0820 look for further downside with 1.0570 & 1.0450 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.1870 **
1.1715 ***
1.1495 ***
1.1298 Last
1.0820 ***
1.0570 **
1.0450 ***