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EUR/USD Intraday: The Downside Prevails. 3/9/2015

EUR/USD Intraday: The Downside Prevails.

Short Positions Below 1.126 With Targets @ 1.12 & 1.1155 In Extension. ( 03/09/2015 01:14 )

Pivot: 1.126

Our preference: Short positions below 1.126 with targets @ 1.12 & 1.1155 in extension.


Alternative scenario: Above 1.126 look for further upside with 1.129 & 1.132 as targets.


Comment: A break below 1.12 would trigger a drop towards 1.1155. The pair has broken below a rising trend line.



Supports and resistances:

1.132 ***

1.129 ***

1.126 ***

1.1219 Last

1.12 ***

1.1155 ***

1.1105 ***




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