Tanalys

EUR/USD Intraday: key resistance at 1.077.

Pivot: 1.077

Our preference: Short positions below 1.077 with targets @ 1.0655 1.062 in extension.

Alternative scenario: Above 1.077 look for further upside with 1.082 1.085 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.077. The pair is posting a rebound but stands below its resistance.

Supports and resistances:

1.085 ***

1.082 ***

1.077 ***

1.0737 Last

1.0655 ***

1.062 ***

1.0565 ***

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