EUR/USD Intraday: the downside prevails
Jul 2, 2024 8:27 AM
short positions below 1.0740 with targets at 1.0695 & 1.0680 in extension.
Pivot: 1.0740
Our preference: short positions below 1.0740 with targets at 1.0695 & 1.0680 in extension.
Alternative scenario: above 1.0740 look for further upside with 1.0760 & 1.0775 as targets.
Comment: the break below 1.0740 is a negative signal that has opened a path to 1.0695.
Supports and resistances:
1.0775
1.0760
1.0740
1.0717 Last
1.0695
1.0680
1.0665
Our preference: short positions below 1.0740 with targets at 1.0695 & 1.0680 in extension.
Alternative scenario: above 1.0740 look for further upside with 1.0760 & 1.0775 as targets.
Comment: the break below 1.0740 is a negative signal that has opened a path to 1.0695.
Supports and resistances:
1.0775
1.0760
1.0740
1.0717 Last
1.0695
1.0680
1.0665
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