Tanalys

EUR/USD Intraday: key resistance at 1.1315.

Pivot: 1.1315

Our preference: Short positions below 1.1315 with targets @ 1.1225 1.12 in extension.

Alternative scenario: Above 1.1315 look for further upside with 1.1365 1.1405 as targets.

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

Supports and resistances:

1.1405 **

1.1365 *

1.1315 ***

1.1269 Last

1.1225 **

1.12 **

1.1155 *

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