Tanalys

EUR/USD Intraday: bullish bias above 1.123.

Pivot: 1.123

Our preference: Long positions above 1.123 with targets @ 1.132 1.135 in extension.

Alternative scenario: Below 1.123 look for further downside with 1.12 1.117 as targets.

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

Supports and resistances:

1.1385 ***

1.135 **

1.132 ***

1.1284 Last

1.123 ***

1.12 ***

1.117 ***

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version