EUR Trading Outlook (06-10-2015)

EURUSD

Pivot: 1.1225

Likely scenario: Short positions below 1.1225 with targets @ 1.1145 & 1.1115 in extension.

Alternative scenario: Above 1.1225 look for further upside with 1.128 & 1.132 as targets.

Comment: The RSI advocates for further decline.

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