EUR/USD Intraday: rebound expected 15-03-2016 by Orbex

Pivot: 1.1080

Our preference: long positions above 1.1080 with targets @ 1.1165 & 1.1220 in extension.

Alternative scenario: below 1.1080 look for further downside with 1.1030 & 1.0985 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Chart Caption
		Green Lines Represent Resistances
		Red Lines Represent Support Levels
		Light Blue is a Pivot Point
		Black represents the price when the report was produced

Source: www.orbex.com