Tanalys

EUR/USD Intraday: bullish bias above 1.113.

Pivot: 1.113

Our preference: Long positions above 1.113 with targets @ 1.128 1.135 in extension.

Alternative scenario: Below 1.113 look for further downside with 1.106 1.097 as targets.

Comment: A support base at 1.113 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.141 **

1.135 **

1.128 ***

1.1168 Last

1.113 ***

1.106 *

1.097 *

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