Daily Technical Analysis for Binary Trading – Monday April 27th, 2015

 

Courtesy of Trading Central

 

 

EUR/USD Intraday: the bias remains bullish.

 

Pivot: 1.0780

Most Likely Scenario: Long positions above 1.078 with targets at 1.0900 and 1.0950 in extension.

Alternative scenario: Below 1.0780 look for further downside with 1.0730 and 1.0655 as targets.

Comment: The pair stands above its support.

 
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