EUR/USD Intraday: the bias remains bullish.

2015-09-08

Pivot: 1.115

Our preference: Long positions above 1.115 with targets @ 1.126 & 1.1295 in extension.

Alternative scenario: Below 1.115 look for further downside with 1.1115 & 1.1085 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
1.132 ***
1.1295 ***
1.126 ***
1.1211 Last
1.115 ***
1.1115 ***
1.1085 *