Tanalys

EUR/USD ST: the upside prevails.

Pivot: 1.045

Our preference: Long positions above 1.045 with targets @ 1.156 1.19 in extension.

Alternative scenario: Below 1.045 look for further downside with 1.02 0.985 as targets.

Comment: The pair has broken above a declining trend line and remains on the upside.

Supports and resistances:

1.225 **

1.19 **

1.156 ***

1.1225 Last

1.045 ***

1.02 **

0.985 **

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version