EUR/USD intraday ** ì
Strategy Entry Stop 1st target 2nd target
LONG 1.4170 1.4160 1.4230 1.4275
Pivot: 1.4160.
Trend: ST Ltd Upside; MT Range
Key levels:
1.4315** Fib projection
1.4275** Fib projection
1.423** Intraday resistance
1.4202 Last
1.416*** Intraday pivot point
1.41* Intraday support
1.4075*** Intraday support
Our Preference: LONG positions @ 1.417 with 1.423 &
1.4275 in sight.
Alternative scenario: The downside penetration of 1.416
will call for 1.41 & 1.4075.
Comment:
Comment: the RSI is above a strong support area. The
1.416 support area maintains a bullish bias.