EUR/USD Intraday: The Downside Prevails.
Short Positions Below 1.135 With Targets @ 1.117 & 1.11 In Extension. ( 28/08/2015 01:10 )
Pivot: 1.135
Our preference: Short positions below 1.135 with targets @ 1.117 & 1.11 in extension.
Alternative scenario: Above 1.135 look for further upside with 1.141 & 1.147 as targets.
Comment: Technically the RSI is below its neutrality area at 50. The pair is trading within a bearish channel.
Supports and resistances:
1.147 ***
1.141 ***
1.135 ***
1.1243 Last
1.117 ***
1.11 ***
1.103 ***
