Tanalys

EUR/USD intraday: key ST resistance at 1.359

Pivot: 1.3590.

Our preference: SHORT positions @ 1.358 with 1.3535 1.3505 in sight.

Alternative scenario: The upside penetration of 1.359 will call for 1.3615 1.3645.

Comment: the pair is posting a rebound but stands below its resistance and remains capped by a declining trend line.

Trend: ST Ltd Upside; MT Range

Key levels Comment

1.3645*** Horizontal resistance

1.3615** Horizontal resistance

1.359*** Intraday pivot point

1.3564 Last

1.3535*** Intraday support

1.3505** Intraday support

1.348*** Intraday support

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