EUR Trading Outlook (19-08-2015)
EURUSD
Pivot: 1.1095
Likely scenario: Short positions below 1.1095 with targets @ 1.1015 & 1.098 in extension.
Alternative scenario: Above 1.1095 look for further upside with 1.1125 & 1.1165 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
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