Tanalys

EUR/USD Intraday: bullish bias above 1.3885.

Pivot: 1.3885

Our preference: Long positions above 1.3885 with targets @ 1.395 1.3975 in extension.

Alternative scenario: Below 1.3885 look for further downside with 1.387 1.385 as targets.

Comment: The RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:

1.401

1.3975

1.395

1.3927 Last

1.3885

1.387

1.385

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