EUR/USD Intraday: intraday support around 1.0730
Jun 20, 2024 5:17 AM
long positions above 1.0730 with targets at 1.0760 & 1.0780 in extension.
Pivot: 1.0730
Our preference: long positions above 1.0730 with targets at 1.0760 & 1.0780 in extension.
Alternative scenario: below 1.0730 look for further downside with 1.0715 & 1.0695 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0800
1.0780
1.0760
1.0740 Last
1.0730
1.0715
1.0695
Our preference: long positions above 1.0730 with targets at 1.0760 & 1.0780 in extension.
Alternative scenario: below 1.0730 look for further downside with 1.0715 & 1.0695 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0800
1.0780
1.0760
1.0740 Last
1.0730
1.0715
1.0695
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