EUR/USD Intraday: consolidation
Aug 6, 2024 11:54 PM
short positions below 1.0945 with targets at 1.0905 & 1.0890 in extension.
Pivot: 1.0945
Our preference: short positions below 1.0945 with targets at 1.0905 & 1.0890 in extension.
Alternative scenario: above 1.0945 look for further upside with 1.0965 & 1.0985 as targets.
Comment: as long as 1.0945 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0985
1.0965
1.0945
1.0926 Last
1.0905
1.0890
1.0870
Our preference: short positions below 1.0945 with targets at 1.0905 & 1.0890 in extension.
Alternative scenario: above 1.0945 look for further upside with 1.0965 & 1.0985 as targets.
Comment: as long as 1.0945 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0985
1.0965
1.0945
1.0926 Last
1.0905
1.0890
1.0870
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