EUR Trading Outlook (07-04-2016)
EUR/USD Intraday: bullish bias above 1.1365.
Pivot: 1.1365
Our preference: long positions above 1.1365 with targets @ 1.1435 & 1.1460 in extension.
Alternative scenario: below 1.1365 look for further downside with 1.1325 & 1.1310 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.1480 **
1.1460 ***
1.1435 ***
1.1396 Last
1.1365 ***
1.1325 ***
1.1310 **