EUR Trading Outlook (15-07-2015)

 

EURUSD

Pivot: 1.0965

Likely scenario: Long positions above 1.0965 with targets @ 1.1055 & 1.11 in extension.

Alternative scenario: Below 1.0965 look for further downside with 1.091 & 1.0865 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

eur 15-7-15

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