EUR/USD Intraday: the downside prevails
Jun 26, 2024 7:33 AM
short positions below 1.0705 with targets at 1.0680 & 1.0665 in extension.
Pivot: 1.0705
Our preference: short positions below 1.0705 with targets at 1.0680 & 1.0665 in extension.
Alternative scenario: above 1.0705 look for further upside with 1.0715 & 1.0725 as targets.
Comment: the break below 1.0705 is a negative signal that has opened a path to 1.0680.
Supports and resistances:
1.0725
1.0715
1.0705
1.0688 Last
1.0680
1.0665
1.0650
Our preference: short positions below 1.0705 with targets at 1.0680 & 1.0665 in extension.
Alternative scenario: above 1.0705 look for further upside with 1.0715 & 1.0725 as targets.
Comment: the break below 1.0705 is a negative signal that has opened a path to 1.0680.
Supports and resistances:
1.0725
1.0715
1.0705
1.0688 Last
1.0680
1.0665
1.0650
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