EUR Trading Outlook (18-09-2015)

EURUSD

Pivot: 1.134

Likely scenario: Long positions above 1.134 with targets @ 1.144 & 1.1495 in extension.

Alternative scenario: Below 1.134 look for further downside with 1.129 & 1.1255 as targets.

Comment: The RSI lacks downward momentum.

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