8074817 11/4/2017 2:35 AM, EUR/USD Intraday: towards 1.1570.


Pivot: 1.1640


Our preference:

short positions below 1.1640 with targets at 1.1595 & 1.1570 in extension.


Alternative scenario:

above 1.1640 look for further upside with 1.1665 & 1.1685 as targets.


Comment:

the RSI is capped by a bearish trend line. The pair has broken below a bullish channel support.


Supports and resistances:


1.1685 **

1.1665 **

1.1640 ***


1.1612

Last

1.1595 *

1.1570 *

1.1545 **