EUR Trading Outlook (28-09-2015)

EURUSD

Pivot: 1.1215

Likely scenario: Short positions below 1.1215 with targets @ 1.1155 & 1.1105 in extension.

Alternative scenario: Above 1.1215 look for further upside with 1.126 & 1.1295 as targets.

Comment: As long as the resistance at 1.1215 is not surpassed, the risk of the break below 1.1155 remains high.

 

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