EUR/USD Intraday: under pressure
Jul 30, 2024 11:06 AM
short positions below 1.0835 with targets at 1.0805 & 1.0790 in extension.
Pivot: 1.0835
Our preference: short positions below 1.0835 with targets at 1.0805 & 1.0790 in extension.
Alternative scenario: above 1.0835 look for further upside with 1.0850 & 1.0870 as targets.
Comment: as long as 1.0835 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0870
1.0850
1.0835
1.0830 Last
1.0805
1.0790
1.0775
Our preference: short positions below 1.0835 with targets at 1.0805 & 1.0790 in extension.
Alternative scenario: above 1.0835 look for further upside with 1.0850 & 1.0870 as targets.
Comment: as long as 1.0835 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0870
1.0850
1.0835
1.0830 Last
1.0805
1.0790
1.0775
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