EUR Trading Outlook (13-05-2016)

EUR/USD Intraday: 1.1360 in sight

Pivot: 1.1415

Our preference: short positions below 1.1415 with targets @ 1.1360 & 1.1340 in extension.

Alternative scenario: above 1.1415 look for further upside with 1.1445 & 1.1465 as targets.

Comment: a break below 1.1360 would trigger a drop towards 1.1340.

Supports and resistances:
1.1465 ***
1.1445 ***
1.1415 ***
1.1376 Last
1.1360 ***
1.1340 ***
1.1310 ***

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