EUR/USD Intraday: Under Pressure.
Short Positions Below 1.131 With Targets @ 1.113 & 1.109 In Extension. ( 31/08/2015 01:13 )
Pivot: 1.131
Our preference: Short positions below 1.131 with targets @ 1.113 & 1.109 in extension.
Alternative scenario: Above 1.131 look for further upside with 1.135 & 1.141 as targets.
Comment: As long as 1.131 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.141 ***
1.135 ***
1.131 ***
1.1198 Last
1.113 ***
1.109 ***
1.104 ***
