EUR Trading Outlook (03-03-2016)

EUR/USD Intraday: under pressure.

Pivot: 1.0895

Our preference: short positions below 1.0895 with targets @ 1.0820 & 1.0785 in extension.

Alternative scenario: above 1.0895 look for further upside with 1.0915 & 1.0940 as targets.

Comment: the RSI is badly directed.

Supports and resistances:
1.0940 ***
1.0915 **
1.0895 ***
1.0865 Last
1.0820 ***
1.0785 ***
1.0750 **

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