Tanalys

EUR/USD Intraday: bullish bias above 1.102.

Pivot: 1.102

Our preference: Long positions above 1.102 with targets @ 1.112 1.115 in extension.

Alternative scenario: Below 1.102 look for further downside with 1.097 1.0915 as targets.

Comment: A support base at 1.102 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.12 **

1.115 *

1.112 *

1.1055 Last

1.102 ***

1.097 **

1.0915 *

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