Trading Analysis  EUR/USD     2014-03-27 03:19

Pivot: 1.3775

Our preference: Long positions above 1.3775 with targets @ 1.3845 & 1.388 in extension.

Alternative scenario: Below 1.3775 look for further downside with 1.3745 & 1.372 as targets.

Comment: a support base at 1.3775 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.393

1.388

1.3845

1.3784 Last

1.3775

1.3745

1.372