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EUR/USD Intraday: The Upside Prevails. 2/9/2015

EUR/USD Intraday: The Upside Prevails.

Long Positions Above 1.123 With Targets @ 1.135 & 1.14 In Extension. ( 02/09/2015 01:13 )

Pivot: 1.123

Our preference: Long positions above 1.123 with targets @ 1.135 & 1.14 in extension.


Alternative scenario: Below 1.123 look for further downside with 1.12 & 1.1155 as targets.


Comment: 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:

1.144 **

1.14 ***

1.135 ***

1.1299 Last

1.123 ***

1.12 ***

1.1155 ***




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