EUR Trading Outlook (29-01-2016)

EUR/USD Intraday: the upside prevails.

Pivot: 1.089

Our preference: long positions above 1.089 with targets @ 1.0975 & 1.0985 in extension.

Alternative scenario: below 1.089 look for further downside with 1.085 & 1.082 as targets.

Comment: the RSI is well directed.

Supports and resistances:
1.102 **
1.0985 **
1.0975 ***
1.0961 Last
1.089 **
1.085 ***
1.082 ***

Ticker : EUR
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