Monday, 6 March 2017

US OPEN - EUR/USD Forex Trading Signal

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

Most likely scenario: long positions above 1.0570 with targets at 1.0610 & 1.0640 in extension.

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

Comment: the RSI lacks downward momentum.

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