EUR/USD Intraday: The Upside Prevails.
Long Positions Above 1.12 With Targets @ 1.135 & 1.14 In Extension. ( 01/09/2015 13:30 )
Pivot: 1.12
Our preference: Long positions above 1.12 with targets @ 1.135 & 1.14 in extension.
Alternative scenario: Below 1.12 look for further downside with 1.1155 & 1.11 as targets.
Comment: The RSI lacks downward momentum.
Supports and resistances:
1.144 **
1.14 ***
1.135 ***
1.1257 Last
1.12 ***
1.1155 ***
1.11 ***