EUR/USD 5/7/2014 7:31 AM

Pivot: 1.3905 Our preference: Long positions above 1.3905 with targets @ 1.395 & 1.3975 in extension. Alternative scenario: Below 1.3905 look for further downside with 1.3885 & 1.387 as targets. Comment: The pair is rebounding above its support and is shaping a continuation triangle. Supports and resistances: 1.401 1.3975 1.395 1.393 Last 1.3905 1.3885 1.387

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