EUR Trading Outlook (04-04-2016)

EUR/USD Intraday: choppy.

Pivot: 1.1435

Our preference: short positions below 1.1435 with targets @ 1.1340 & 1.1310 in extension.

Alternative scenario: above 1.1435 look for further upside with 1.1495 & 1.1535 as targets.

Comment: as long as 1.1435 is resistance, likely decline to 1.1340.

Supports and resistances:
1.1535 **
1.1495 **
1.1435 ***
1.1408 Last
1.1340 ***
1.1310 **
1.1275 ***

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