EUR/USD Intraday: turning up.

Pivot: 1.1270

Our preference: long positions above 1.1270 with targets at 1.1340 & 1.1365 in extension.

Alternative scenario: below 1.1270 look for further downside with 1.1240 & 1.1220 as targets.

Comment: a support base at 1.1270 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.1390

1.1365

1.1340

1.1303 Last

1.1270

1.1240

1.1220