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EUR/USD Intraday: the upside prevails
Jul 17, 2024 5:16 AM
long positions above 1.0875 with targets at 1.0920 & 1.0935 in extension.
Pivot: 1.0875
Our preference: long positions above 1.0875 with targets at 1.0920 & 1.0935 in extension.
Alternative scenario: below 1.0875 look for further downside with 1.0860 & 1.0845 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.0950
1.0935
1.0920
1.0901 Last
1.0875
1.0860
1.0845
Our preference: long positions above 1.0875 with targets at 1.0920 & 1.0935 in extension.
Alternative scenario: below 1.0875 look for further downside with 1.0860 & 1.0845 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.0950
1.0935
1.0920
1.0901 Last
1.0875
1.0860
1.0845
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EUR/USD
1.1478
-0.00070000000000014
-6.10%