Tanalys

EUR/USD Intraday: key resistance at 1.123.

Pivot: 1.123

Our preference: Short positions below 1.123 with targets @ 1.1135 1.108 in extension.

Alternative scenario: Above 1.123 look for further upside with 1.1285 1.135 as targets.

Comment: As long as the resistance at 1.123 is not surpassed, the risk of the break below 1.1135 remains high.

Supports and resistances:

1.135 **

1.1285 *

1.123 ***

1.1205 Last

1.1135 **

1.108 **

1.105 *

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