Tanalys

EUR/USD Intraday: bullish bias above 1.085.

Pivot: 1.085

Our preference: long positions above 1.085 with targets @ 1.092 1.094 in extension.

Alternative scenario: below 1.085 look for further downside with 1.082 1.08 as targets.

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

Supports and resistances:

1.0965 ***

1.094 ***

1.092 ***

1.0887 Last

1.085 **

1.082 ***

1.08 ***

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