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EUR/USD Intraday: bullish bias above 1.0800
Aug 1, 2024 1:49 AM
long positions above 1.0800 with targets at 1.0845 & 1.0870 in extension.
Pivot: 1.0800
Our preference: long positions above 1.0800 with targets at 1.0845 & 1.0870 in extension.
Alternative scenario: below 1.0800 look for further downside with 1.0785 & 1.0770 as targets.
Comment: a support base at 1.0800 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0890
1.0870
1.0845
1.0831 Last
1.0800
1.0785
1.0770
Our preference: long positions above 1.0800 with targets at 1.0845 & 1.0870 in extension.
Alternative scenario: below 1.0800 look for further downside with 1.0785 & 1.0770 as targets.
Comment: a support base at 1.0800 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0890
1.0870
1.0845
1.0831 Last
1.0800
1.0785
1.0770
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EUR/USD
1.14687
-0.00163
-14.20%