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EUR/USD Short Term: the downside prevails
Jun 18, 2024 7:15 AM
short positions below 1.0820 with targets at 1.0600 & 1.0515 in extension.
Pivot: 1.0820
Our preference: short positions below 1.0820 with targets at 1.0600 & 1.0515 in extension.
Alternative scenario: above 1.0820 look for further upside with 1.0910 & 1.0980 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0980
1.0910
1.0820
1.0721 Last
1.0600
1.0515
1.0450
Our preference: short positions below 1.0820 with targets at 1.0600 & 1.0515 in extension.
Alternative scenario: above 1.0820 look for further upside with 1.0910 & 1.0980 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0980
1.0910
1.0820
1.0721 Last
1.0600
1.0515
1.0450
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EUR/USD
1.14796
-0.00053999999999998
-4.70%