EUR/USD Intraday: range 16-03-2016 by ORBEX
Our preference: short positions below 1.1135 with targets @ 1.1070 & 1.1030 in extension.
Alternative scenario: above 1.1135 look for further upside with 1.1165 & 1.1220 as targets.
Comment: technically the RSI is below its neutrality area at 50.
|Green Lines Represent Resistances|
|Red Lines Represent Support Levels|
|Light Blue is a Pivot Point|
|Black represents the price when the report was produced|