EUR/USD ST: Bullish Bias Above 1.081.
Long Positions Above 1.081 With Targets @ 1.173 & 1.205 In Extension. ( 31/08/2015 03:36 )
Pivot: 1.081
Our preference: Long positions above 1.081 with targets @ 1.173 & 1.205 in extension.
Alternative scenario: Below 1.081 look for further downside with 1.045 & 1.02 as targets.
Comment: Technically the RSI is above its neutrality area at 50. The pair has broken above a declining trend line and remains on the upside.
Supports and resistances:
1.225 ***
1.205 **
1.173 ***
1.1219 Last
1.081 ***
1.045 **
1.02 **
