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 ***