Short Positions Below 1.121 With Targets @ 1.1085 & 1.105 In Extension. ( 04/09/2015 01:15 )
Pivot: 1.121
Our preference: Short positions below 1.121 with targets @ 1.1085 & 1.105 in extension.
Alternative scenario: Above 1.121 look for further upside with 1.126 & 1.129 as targets.
Comment: A break below 1.1085 would trigger a drop towards 1.105. The pair has broken below a rising trend line and remains on the downside.
Supports and resistances:
1.129 ***
1.126 ***
1.121 ***
1.112 Last
1.1085 ***
1.105 ***
1.102 ***
