Monday, 6 March 2017

EUR / USD Trading Signal 06 march 2017

EUR/USD Intraday: the bias remains bullish.
Pivot: 1.0570


Most likely scenario: long positions above 1.0570 with targets at 1.0630 & 1.0655 in extension.



Alternative scenario: below 1.0570 look for further downside with 1.0540 & 1.0510 as targets.



Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.





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