EUR Trading Outlook (29-03-2016)
EUR/USD Intraday: further upside.
Pivot: 1.1175
Our preference: long positions above 1.1175 with targets @ 1.1220 & 1.1235 in extension.
Alternative scenario: below 1.1175 look for further downside with 1.1150 & 1.1120 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
1.1260 **
1.1235 **
1.1220 *
1.1198 Last
1.1175 ***
1.1150 **
1.1120 **