EUR Trading Outlook (02-03-2016)

EUR/USD Intraday: the downside prevails.

Pivot: 1.0892

Our preference: short positions below 1.0892 with targets @ 1.0810 & 1.0785 in extension.

Alternative scenario: above 1.0892 look for further upside with 1.0915 & 1.0940 as targets.

Comment: the RSI calls for a drop.

Supports and resistances:
1.0940 ***
1.0915 **
1.0892 ***
1.0870 Last
1.0810 ***
1.0785 ***
1.0750 **

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