EUR Trading Outlook (23-02-2016)

EUR/USD Intraday: under pressure

Pivot: 1.1080

Our preference: short positions below 1.1080 with targets @ 1.1000 & 1.0965 in extension.

Alternative scenario: above 1.1080 look for further upside with 1.1100 & 1.1140 as targets.

Comment: a break below 1.1000 would trigger a drop towards 1.0965.

Supports and resistances:
1.1140 ***
1.1100 ***
1.1080 ***
1.1024 Last
1.1000 **
1.0965 ***
1.0935 ***

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