EUR Trading Outlook (09-12-2015)

EUR/USD

Pivot: 1.09

Likley scenario: short positions below 1.09 with targets @ 1.0825 & 1.076 in extension.

Alternative scenario: above 1.09 look for further upside with 1.098 & 1.109 as targets.

Comment: the RSI lacks upward momentum.

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