EUR/USD Pivot Point 1, May 2015

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EUR/USD Pivot Point 1, May 2015

Source: FxPro Forex Broker

Pivot: 1.113

Most Likely Scenario: Long positions above 1.113 with targets @ 1.1295 & 1.138 in extension.

Alternative scenario: Below 1.113 look for further downside with 1.107 & 1.0985 as targets.

Comment: The pair is supported by a rising trend line.

EUR/USD Chart

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