Thursday, 9 March 2017

EU Open Trading Signals - EUR/USD 09 March 2017

EUR/USD Intraday: capped by a negative trend line.
Pivot: 1.0550

Most likely scenario: short positions below 1.0550 with targets at 1.0510 & 1.0495 in extension.

Alternative scenario: above 1.0550 look for further upside with 1.0575 & 1.0600 as targets.

Comment: the RSI is bearish and calls for further decline.



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