Monday, March 9, 2020

EUR/USD Intraday: bullish bias above 1.1355.


EUR/USD Intraday: bullish bias above 1.1355.
 
Pivot:
1.1355
 
Our preference:
long positions above 1.1355 with targets at 1.1460 & 1.1495 in extension.
 
Alternative scenario:
below 1.1355 look for further downside with 1.1320 & 1.1280 as targets.
 
Comment:
a support base at 1.1355 has formed and has allowed for a temporary stabilisation.