EUR/USD Intraday: key resistance at 1.1415 - 05/04/2016 by ORBEX
Our preference: short positions below 1.1415 with targets @ 1.1355 & 1.1340 in extension.
Alternative scenario: above 1.1415 look for further upside with 1.1435 & 1.1465 as targets.
Comment: the RSI lacks upward momentum.
- Green Lines Represent Resistances
- Red Lines Represent Support Levels
- Light Blue is a Pivot Point
- Black represents the price when the report was produced