EUR/USD Intraday: intraday support around 1.1045
Sep 3, 2024 5:27 AM
long positions above 1.1045 with targets at 1.1075 & 1.1095 in extension.
Pivot: 1.1045
Our preference:
long positions above 1.1045 with targets at 1.1075 & 1.1095 in extension.
Alternative scenario:
below 1.1045 look for further downside with 1.1030 & 1.1015 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1115
1.1095
1.1075
1.1055 Last
1.1045
1.1030
1.1015
Our preference:
long positions above 1.1045 with targets at 1.1075 & 1.1095 in extension.
Alternative scenario:
below 1.1045 look for further downside with 1.1030 & 1.1015 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1115
1.1095
1.1075
1.1055 Last
1.1045
1.1030
1.1015
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