Tanalys

EUR/USD intraday: key ST resistance at 1.314

Pivot: 1.3140.

Our preference: SHORT positions below 1.314 with 1.299 1.295 as next targets.

Alternative scenario: The upside penetration of 1.314 will call for a rebound towards 1.3205 1.325.

Comment: the pair stands below its previous high and remains under pressure.

Trend: ST Ltd Downside; MT Range

Key levels Comment

1.325*** Intraday resistance

1.3205*** Intraday resistance

1.314** Intraday pivot point

1.3074 Last

1.299*** Intraday support

1.295*** Intraday support

1.2915** Intraday support

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