EUR/USD Intraday: rebound
Jul 2, 2024 3:21 PM
long positions above 1.0720 with targets at 1.0760 & 1.0775 in extension.
Pivot: 1.0720
Our preference: long positions above 1.0720 with targets at 1.0760 & 1.0775 in extension.
Alternative scenario: below 1.0720 look for further downside with 1.0710 & 1.0695 as targets.
Comment: the break above 1.0720 is a positive signal that has opened a path to 1.0760.
Supports and resistances:
1.0800
1.0775
1.0760
1.0738 Last
1.0720
1.0710
1.0695
Our preference: long positions above 1.0720 with targets at 1.0760 & 1.0775 in extension.
Alternative scenario: below 1.0720 look for further downside with 1.0710 & 1.0695 as targets.
Comment: the break above 1.0720 is a positive signal that has opened a path to 1.0760.
Supports and resistances:
1.0800
1.0775
1.0760
1.0738 Last
1.0720
1.0710
1.0695
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