EUR/USD Intraday: range 16-03-2016 by ORBEX
Pivot: 1.1135
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.
Chart Caption | ||
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Green Lines Represent Resistances | |
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Red Lines Represent Support Levels | |
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Light Blue is a Pivot Point | |
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Black represents the price when the report was produced |
Source: www.orbex.com