EUR/USD Intraday: under pressure
Jun 27, 2024 5:22 AM
short positions below 1.0705 with targets at 1.0665 & 1.0650 in extension.
Pivot: 1.0705
Our preference: short positions below 1.0705 with targets at 1.0665 & 1.0650 in extension.
Alternative scenario: above 1.0705 look for further upside with 1.0720 & 1.0735 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0735
1.0720
1.0705
1.0691 Last
1.0665
1.0650
1.0635
Our preference: short positions below 1.0705 with targets at 1.0665 & 1.0650 in extension.
Alternative scenario: above 1.0705 look for further upside with 1.0720 & 1.0735 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0735
1.0720
1.0705
1.0691 Last
1.0665
1.0650
1.0635
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