EUR Trading Outlook (17-03-2016)
EUR/USD Intraday: bounce.
Pivot: 1.1125
Our preference: long positions above 1.1125 with targets @ 1.1245 & 1.1275 in extension.
Alternative scenario: below 1.1125 look for further downside with 1.1055 & 1.1030 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
1.1320 ***
1.1275 ***
1.1245 ***
1.1209 Last
1.1125 ***
1.1055 **
1.1030 ***