Tanalys

EUR/USD Intraday: bullish bias above 1.36.

Pivot: 1.36

Our preference: Long positions above 1.36 with targets @ 1.365 1.3675 in extension.

Alternative scenario: Below 1.36 look for further downside with 1.3575 1.3555 as targets.

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

Supports and resistances:

1.37

1.3675

1.365

1.3611 Last

1.36

1.3575

1.3555

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