7861643 9/11/2017 8:32 AM, EUR/USD ST: the upside prevails.


Pivot: 1.1615


Our preference:

long positions above 1.1615 with targets at 1.2200 & 1.2350 in extension.


Alternative scenario:

below 1.1615 look for further downside with 1.1300 & 1.1120 as targets.


Comment:

the RSI is bullish and calls for further upside. The pair remains supported by a rising trend line.


Supports and resistances:


1.2570 ***

1.2350 ***

1.2200 **


1.2002

Last

1.1615 ***

1.1300 ***

1.1120 ***