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EUR/USD Short Term: caution
Jul 3, 2024 10:08 AM
short positions below 1.0800 with targets at 1.0670 & 1.0600 in extension.
Pivot: 1.0800
Our preference: short positions below 1.0800 with targets at 1.0670 & 1.0600 in extension.
Alternative scenario: above 1.0800 look for further upside with 1.0910 & 1.0980 as targets.
Comment: as long as 1.0800 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0980
1.0910
1.0800
1.0761 Last
1.0670
1.0600
1.0515
Our preference: short positions below 1.0800 with targets at 1.0670 & 1.0600 in extension.
Alternative scenario: above 1.0800 look for further upside with 1.0910 & 1.0980 as targets.
Comment: as long as 1.0800 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0980
1.0910
1.0800
1.0761 Last
1.0670
1.0600
1.0515
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EUR/USD
1.14744
-0.0010600000000001
-9.20%