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EUR/USD ST: Bullish Bias Above 1.081 7/9/2015

EUR/USD ST: Bullish Bias Above 1.081 7/9/2015

Long Positions Above 1.081 With Targets @ 1.173 & 1.205 In Extension. ( 07/09/2015 01:09 )

Pivot: 1.081

Our preference: Long positions above 1.081 with targets @ 1.173 & 1.205 in extension.


Alternative scenario: Below 1.081 look for further downside with 1.045 & 1.02 as targets.


Comment: The RSI broke above a bearish trend line. The pair has broken above a declining trend line and remains on the upside.



Supports and resistances:

1.225 ***

1.205 **

1.173 ***

1.1143 Last

1.081 ***

1.045 **

1.02 **




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