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EUR/USD Intraday: the downside prevails
Jul 29, 2024 11:19 AM
short positions below 1.0850 with targets at 1.0825 & 1.0805 in extension.
Pivot: 1.0850
Our preference: short positions below 1.0850 with targets at 1.0825 & 1.0805 in extension.
Alternative scenario: above 1.0850 look for further upside with 1.0870 & 1.0885 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.0885
1.0870
1.0850
1.0841 Last
1.0825
1.0805
1.0790
Our preference: short positions below 1.0850 with targets at 1.0825 & 1.0805 in extension.
Alternative scenario: above 1.0850 look for further upside with 1.0870 & 1.0885 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.0885
1.0870
1.0850
1.0841 Last
1.0825
1.0805
1.0790
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EUR/USD
1.14725
-0.00125
-10.90%