Tanalys

EUR/USD Intraday: bullish bias above 1.087.

Pivot: 1.087

Our preference: Long positions above 1.087 with targets @ 1.104 1.109 in extension.

Alternative scenario: Below 1.087 look for further downside with 1.0815 1.075 as targets.

Comment: A support base at 1.087 has formed and has allowed for a temporary stabilisation. The pair is facing a pull back on its support.

Supports and resistances:

1.115 **

1.109 **

1.104 ***

1.091 Last

1.087 ***

1.0815 ***

1.075 **

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