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EUR/USD Short Term: further advance
May 27, 2024 8:20 AM
long positions above 1.0710 with targets at 1.1015 & 1.1140 in extension.
Pivot: 1.0710
Our preference: long positions above 1.0710 with targets at 1.1015 & 1.1140 in extension.
Alternative scenario: below 1.0710 look for further downside with 1.0600 & 1.0515 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.1270
1.1140
1.1015
1.0848 Last
1.0710
1.0600
1.0515
Our preference: long positions above 1.0710 with targets at 1.1015 & 1.1140 in extension.
Alternative scenario: below 1.0710 look for further downside with 1.0600 & 1.0515 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.1270
1.1140
1.1015
1.0848 Last
1.0710
1.0600
1.0515
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EUR/USD
1.1485
0.00097999999999998
+8.50%