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EUR/USD Intraday: under pressure
Aug 6, 2024 11:22 AM
short positions below 1.0945 with targets at 1.0890 & 1.0850 in extension.
Pivot: 1.0945
Our preference: short positions below 1.0945 with targets at 1.0890 & 1.0850 in extension.
Alternative scenario: above 1.0945 look for further upside with 1.0980 & 1.1010 as targets.
Comment: as long as 1.0945 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1010
1.0980
1.0945
1.0907 Last
1.0890
1.0850
1.0830
Our preference: short positions below 1.0945 with targets at 1.0890 & 1.0850 in extension.
Alternative scenario: above 1.0945 look for further upside with 1.0980 & 1.1010 as targets.
Comment: as long as 1.0945 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1010
1.0980
1.0945
1.0907 Last
1.0890
1.0850
1.0830
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EUR/USD
1.1464
-0.0021
-18.30%