Tanalys

EUR/USD Intraday: intraday support around 1.0705.

Pivot: 1.0705

Our preference: Long positions above 1.0705 with targets @ 1.082 1.085 in extension.

Alternative scenario: Below 1.0705 look for further downside with 1.0655 1.062 as targets.

Comment: A support base at 1.0705 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.0885 ***

1.085 ***

1.082 ***

1.0720 Last

1.0705 **

1.0655 ***

1.062 ***

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