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EUR/USD Intraday: The Upside Prevails.

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 ***




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