EUR Trading Outlook (22-02-2016)

EUR/USD Intraday: key resistance at 1.1145.

Pivot: 1.1145

Our preference: short positions below 1.1145 with targets @ 1.1070 & 1.1040 in extension.

Alternative scenario: above 1.1145 look for further upside with 1.1185 & 1.1210 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.1145.

Supports and resistances:
1.1210 ***
1.1185 ***
1.1145 ***
1.1123 Last
1.1070 ***
1.1040 **
1.0990 ***

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