EUR Trading Outlook (16-03-2016)
EUR/USD Intraday: testing the channel support.
Pivot: 1.1135
Our preference: short positions below 1.1135 with targets @ 1.1070 & 1.1030 in extension.
Alternative scenario: above 1.1135 look for further upside with 1.1165 & 1.1220 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
1.1220 ***
1.1165 ***
1.1135 ***
1.1115 Last
1.1070 ***
1.1030 **
1.0985 **