EUR/USD

2015-09-14

Pivot: 1.129

Our preference: Long positions above 1.129 with targets @ 1.14 & 1.144 in extension.

Alternative scenario: Below 1.129 look for further downside with 1.125 & 1.121 as targets.

Comment: The RSI lacks downward momentum. The prices remain supported by a rising trend line.

Supports and resistances:
1.147 **
1.144 **
1.14 ***
1.1342 Last
1.129 ***
1.125 **
1.121 **