EUR Trading Outlook (08-04-2016)

Trade EUR/USD Intraday: under pressure.

Pivot: 1.1405

Our preference: short positions below 1.1405 with targets @ 1.1325 & 1.1300 in extension.

Alternative scenario: above 1.1405 look for further upside with 1.1430 & 1.1455 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:
1.1455 **
1.1430 **
1.1405 ***
1.1373 Last
1.1325 ***
1.1300 ***
1.1285 **

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