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EUR/USD Intraday: key resistance at 1.0940
Aug 7, 2024 11:55 PM
short positions below 1.0940 with targets at 1.0915 & 1.0900 in extension.
Pivot: 1.0940
Our preference: short positions below 1.0940 with targets at 1.0915 & 1.0900 in extension.
Alternative scenario: above 1.0940 look for further upside with 1.0955 & 1.0970 as targets.
Comment: as long as 1.0940 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0970
1.0955
1.0940
1.0931 Last
1.0915
1.0900
1.0880
Our preference: short positions below 1.0940 with targets at 1.0915 & 1.0900 in extension.
Alternative scenario: above 1.0940 look for further upside with 1.0955 & 1.0970 as targets.
Comment: as long as 1.0940 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0970
1.0955
1.0940
1.0931 Last
1.0915
1.0900
1.0880
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EUR/USD
1.14683
-0.0016700000000001
-14.50%