EUR Trading Outlook (08-10-2015)

EURUSD

Pivot: 1.12

Likely scenario: Long positions above 1.12 with targets @ 1.1285 & 1.132 in extension.

Alternative scenario: Below 1.12 look for further downside with 1.117 & 1.1145 as targets.

Comment: The RSI is mixed with a bullish bias.

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