EUR Trading Outlook (22-01-2016)

EUR/USD Intraday: bullish bias above 1.084.

Pivot: 1.084

Our preference: long positions above 1.084 with targets @ 1.09 & 1.092 in extension.

Alternative scenario: below 1.084 look for further downside with 1.0805 & 1.0775 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:
1.094 ***
1.092 ***
1.09 **
1.0869 Last
1.084 ***
1.0805 **
1.0775 ***

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