EUR Trading Outlook (18-12-2015)

EUR/USD

Pivot: 1.0885

Our preference: short positions below 1.0885 with targets @ 1.0795 & 1.075 in extension.

Alternative scenario: above 1.0885 look for further upside with 1.0915 & 1.095 as targets.

Comment: a break below 1.0795 would trigger a drop towards 1.075.
Supports and resistances:
1.095 ***
1.0915 **
1.0885 ***
1.0835 Last
1.0795 **
1.075 ***
1.069 ***

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