EUR Trading Outlook (17-07-2015)

EURUSD

Pivot: 1.094

Likely scenario: Short positions below 1.094 with targets @ 1.085 & 1.081 in extension.

Alternative scenario: Above 1.094 look for further upside with 1.0985 & 1.1035 as targets.

Comment: As long as 1.094 is resistance, look for choppy price action with a bearish bias.

17-7-15 - eur

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