EUR Trading Outlook (24-12-2015)

EUR/USD Intraday: key resistance at 1.0945.

Pivot: 1.0945

Our preference: short positions below 1.0945 with targets @ 1.0865 & 1.0845 in extension.

Alternative scenario: above 1.0945 look for further upside with 1.098 & 1.101 as targets.

Comment: as long as 1.0945 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
1.101 ***
1.098 ***
1.0945 **
1.0918 Last
1.0865 ***
1.0845 ***
1.0805 ***

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