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 ***