EUR Trading Outlook (18-05-2016)

Trade EUR/USD Intraday: intraday support around 1.1300.

Pivot: 1.1300

Our preference: long positions above 1.1300 with targets @ 1.1350 & 1.1365 in extension.

Alternative scenario: below 1.1300 look for further downside with 1.1280 & 1.1245 as targets.

Comment: a support base at 1.1300 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
1.1390 ***
1.1365 **
1.1350 ***
1.1312 Last
1.1300 ***
1.1280 ***
1.1245 **

Back to EUR Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.