Tanalys

EUR/USD Intraday: bullish bias above 1.388.

Pivot: 1.388

Our preference: Long positions above 1.388 with targets @ 1.397 1.401 in extension.

Alternative scenario: Below 1.388 look for further downside with 1.384 1.3795 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

Supports and resistances:

1.406

1.401

1.397

1.3895 Last

1.388

1.384

1.3795

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