EUR/USD Intraday: the downside prevails
Jun 25, 2024 1:54 PM
short positions below 1.0720 with targets at 1.0685 & 1.0665 in extension.
Pivot: 1.0720
Our preference: short positions below 1.0720 with targets at 1.0685 & 1.0665 in extension.
Alternative scenario: above 1.0720 look for further upside with 1.0735 & 1.0745 as targets.
Comment: the break below 1.0720 is a negative signal that has opened a path to 1.0685.
Supports and resistances:
1.0745
1.0735
1.0720
1.0701 Last
1.0685
1.0665
1.0650
Our preference: short positions below 1.0720 with targets at 1.0685 & 1.0665 in extension.
Alternative scenario: above 1.0720 look for further upside with 1.0735 & 1.0745 as targets.
Comment: the break below 1.0720 is a negative signal that has opened a path to 1.0685.
Supports and resistances:
1.0745
1.0735
1.0720
1.0701 Last
1.0685
1.0665
1.0650
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