EUR Trading Outlook (11-04-2016)

Trade EUR/USD Intraday: the upside prevails.

Pivot: 1.1360

Our preference: long positions above 1.1360 with targets @ 1.1430 & 1.1455 in extension.

Alternative scenario: below 1.1360 look for further downside with 1.1335 & 1.1310 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1.1480 ***
1.1455 **
1.1430 ***
1.1404 Last
1.1360 ***
1.1335 ***
1.1310 ***

Ticker : EUR
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