EUR/USD Intraday:

2016-10-06

Pivot: 1.1175

Our preference: long positions above 1.1175 with targets at 1.1240 & 1.1260 in extension.

Alternative scenario: below 1.1175 look for further downside with 1.1150 & 1.1135 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1.1280 ***
1.1260 ***
1.1240 ***
1.1197 Last
1.1175 ***
1.1150 ***
1.1135 ***