EUR Trading Outlook (12-02-2016)

EUR/USD Intraday: the upside prevails.

Pivot: 1.1265

Our preference: long positions above 1.1265 with targets @ 1.1400 & 1.1460 in extension.

Alternative scenario: below 1.1265 look for further downside with 1.1220 & 1.1160 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1.1500 **
1.1460 ***
1.1400 ***
1.1360 Last
1.1265 ***
1.1220 **
1.1160 ***

Ticker : EUR
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