Tanalys

EUR/USD intraday: consolidation in place.

Pivot: 1.334

Our preference: Short positions below 1.334 with targets @ 1.326 1.3225 in extension.

Alternative scenario: Above 1.334 look for further upside with 1.339 1.343 as targets.

Comment: the pair has broken below a rising trend line and should face further weakness.

Key levels

1.343

1.339

1.334

1.33106 last

1.326

1.3225

1.319

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