EUR Trading Outlook (29-12-2015)

EUR/USD Intraday: the upside prevails

Pivot: 1.094

Our preference: long positions above 1.094 with targets @ 1.101 & 1.103 in extension.

Alternative scenario: below 1.094 look for further downside with 1.09 & 1.0865 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
1.106 ***
1.103 **
1.101 **
1.0972 Last
1.094 ***
1.09 *
1.0865 **

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