Tanalys

EUR/USD Intraday: key resistance at 1.2735.

EUR/USD Intraday: key resistance at 1.2735.

Pivot: 1.2735

Our preference: Short positions below 1.2735 with targets @ 1.264 1.258 in extension.

Alternative scenario: Above 1.2735 look for further upside with 1.2795 1.2835 as targets.

Comment: As long as 1.2735 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.2835

1.2795

1.2735

1.2708 Last

1.264

1.258

1.254

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