EUR/USD Intraday: bullish bias above 1.0720
Jun 19, 2024 1:38 AM
long positions above 1.0720 with targets at 1.0760 & 1.0780 in extension.
Pivot: 1.0720
Our preference: long positions above 1.0720 with targets at 1.0760 & 1.0780 in extension.
Alternative scenario: below 1.0720 look for further downside with 1.0705 & 1.0690 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.0800
1.0780
1.0760
1.0736 Last
1.0720
1.0705
1.0690
Our preference: long positions above 1.0720 with targets at 1.0760 & 1.0780 in extension.
Alternative scenario: below 1.0720 look for further downside with 1.0705 & 1.0690 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.0800
1.0780
1.0760
1.0736 Last
1.0720
1.0705
1.0690
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