EUR Trading Outlook (24-08-2015)

EURUSD

Pivot: 1.1345

Likely scenario: Long positions above 1.1345 with targets @ 1.15 & 1.1565 in extension.

Alternative scenario: Below 1.1345 look for further downside with 1.13 & 1.124 as targets.

Comment: The RSI is bullish and calls for further upside.

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