EUR/USD Intraday: up turn.

EUR/USD (EUR/USD)
-0.00540-0.47%
long positions above 1.1380 with targets at 1.1415 & 1.1435 in extension.
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Pivot: 1.1380

Our preference: long positions above 1.1380 with targets at 1.1415 & 1.1435 in extension.

Alternative scenario: below 1.1380 look for further downside with 1.1365 & 1.1350 as targets.

Comment: a support base at 1.1380 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
1.1450 **
1.1435 **
1.1415 ***
1.1399 Last
1.1380 ***
1.1365 ***
1.1350 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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