Tanalys

EUR/USD intraday: the downside prevails.

Pivot: 1.2825

Our preference: Short positions below 1.2825 with targets @ 1.277 1.2745 in extension.

Alternative scenario: Above 1.2825 look for further upside with 1.2845 1.2875 as targets.

Comment: the RSI is bearish and calls for further downside.

Key levels

1.2875

1.2845

1.2825

1.2801 last

1.277

1.2745

1.272

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