© Dukascopy Bank
- UBS AG (based on Bloomberg)
пЃ® Industry outlook
EUR/USD is expected to extend its current rally up to a resistance located at 1.3608/15, in extreme case the price might rise up to an area of 1.3835/60. Major support is situated at 1.3210, which guards 1.3145.
пЃ® Traders' sentiment
Traders' sentiment in EUR/USD market is currently neutral, as the quantity of long traders is almost the same as the amount of short ones, being 50.4% and 49.6% respectively.
пЃ® Long position opened
Bullish investors should pay attention to the key resistance levels for intraday trading. R1 is situated at 1.3513, followed by R2 and R3 at 1.3623 and 1.3699 respectively.
пЃ® Short position opened
Key support for EUR/USD intraday trading is situated at 1.3327. In case S1 is penetrated, traders with short positions are likely put their T/P orders at 1.3251 and 1.3141.
© Dukascopy Bank