EUR Trading Outlook (19-02-2016)

EUR/USD Intraday: the downside prevails.

Pivot: 1.1185

Our preference: short positions below 1.1185 with targets @ 1.1085 & 1.1040 in extension.

Alternative scenario: above 1.1185 look for further upside with 1.1210 & 1.1260 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:
1.1260 ***
1.1210 ***
1.1185 ***
1.1128 Last
1.1085 ***
1.1040 **
1.0990 ***

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