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 ***