Tanalys

EUR/USD MT: limited upside.

Pivot: 1.3100

Our Preference: LONG position above 1.31 with 1.3710 in sight.

Alternative Scenario: Below 1.31 down move to 1.299 1.275.

Comment: the upside breakout of the 1.34 former resistance area calls for a rise towards the 1.371 strong resistance.

Trend: ST Ltd Upside; MT Range, we have been bullish since 21 AUG 2013 (1.3384).

Key levels Comment

1.4245*** Horizontal resistance

1.3970** Horizontal resistance

1.3710*** Horizontal resistance

1.355 Last

1.3100** MT pivot point

1.2990** Horizontal support

1.2750** Horizontal support

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