EUR Trading Outlook (15-01-2016)

EUR/USD Intraday: consolidation

Pivot: 1.0945

Our preference: short positions below 1.0945 with targets @ 1.08 & 1.077 in extension.

Alternative scenario: above 1.0945 look for further upside with 1.0975 & 1.099 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:
1.099 ***
1.0975 ***
1.0945 ***
1.0854 Last
1.08 ***
1.077 ***
1.0735 ***

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