EUR/USD Intraday: The Downside Prevails.
Short Positions Below 1.1255 With Targets @ 1.115 & 1.112 In Extension. ( 22/09/2015 01:09 )
Pivot: 1.1255
Our preference: Short positions below 1.1255 with targets @ 1.115 & 1.112 in extension.
Alternative scenario: Above 1.1255 look for further upside with 1.132 & 1.1355 as targets.
Comment: The RSI is capped by a declining trend line. The pair has validated a bearish flag pattern and remains on the downside.
Supports and resistances:
1.1355 ***
1.132 **
1.1255 ***
1.1186 Last
1.115 **
1.112 **
1.108 ***
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