Tanalys

EUR/USD Intraday: intraday support around 1.092.

Pivot: 1.092

Our preference: Long positions above 1.092 with targets @ 1.1005 1.106 in extension.

Alternative scenario: Below 1.092 look for further downside with 1.086 1.082 as targets.

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

Supports and resistances:

1.11 *

1.106 **

1.1005 **

1.0934 Last

1.092 **

1.086 ***

1.082 ***

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