EUR Trading Outlook (06-04-2016)
EUR/USD Intraday: range.
Pivot: 1.1415
Our preference: short positions below 1.1415 with targets @ 1.1334 & 1.1310 in extension.
Alternative scenario: above 1.1415 look for further upside with 1.1435 & 1.1465 as targets.
Comment: as long as the resistance at 1.1415 is not surpassed, the risk of the break below 1.1334 remains high.
Supports and resistances:
1.1465 **
1.1435 ***
1.1415 ***
1.1384 Last
1.1334 ***
1.1310 ***
1.1280 **