EUR Trading Outlook (28-04-2016)

Trade EUR/USD Intraday: further advance.

Pivot: 1.1270

Our preference: long positions above 1.1270 with targets @ 1.1340 & 1.1380 in extension.

Alternative scenario: below 1.1270 look for further downside with 1.1245 & 1.1215 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1.1420 **
1.1380 ***
1.1340 ***
1.1327 Last
1.1270 ***
1.1245 ***
1.1215 ***


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