EUR Trading Outlook (16-09-2015)

EURUSD

Pivot: 1.1335

Likely scenario: Short positions below 1.1335 with targets @ 1.125 & 1.121 in extension.

Alternative scenario: Above 1.1335 look for further upside with 1.137 & 1.14 as targets.

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


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