EUROPEAN MARKET OUTLOOK: The upside prevails
14/03/2016
Technical Analysis Newsletter Monday, March 14, 2016
14/03/2016
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EUR/USD Intraday: the upside prevails.

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This is an update from 9:30 AM – 30min

 

Pivot: 1.1080

Our preference: long positions above 1.1080 with targets @ 1.1220 & 1.1295 in extension.

Alternative scenario: below 1.1080 look for further downside with 1.1030 & 1.0985 as targets.

Comment: the RSI is well directed.

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Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

 

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