Tanalys

EUR/USD MT: bullish bias above 1.345.

Pivot: 1.345

Our preference: Long positions above 1.345 with targets @ 1.389 1.4245 in extension.

Alternative scenario: Below 1.345 look for further downside with 1.33 1.299 as targets.

Comment: The pair has validated a falling wedge (continuation pattern) and is challenging its previous high.

Supports and resistances:

1.454

1.4245

1.389

1.3861 Last

1.345

1.33

1.299

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version