EUR/USD Intraday: key resistance at 1.0995
Oct 8, 2024 11:32 PM
short positions below 1.0995 with targets at 1.0965 & 1.0950 in extension.
Pivot: 1.0995
Our preference:
short positions below 1.0995 with targets at 1.0965 & 1.0950 in extension.
Alternative scenario:
above 1.0995 look for further upside with 1.1015 & 1.1035 as targets.
Comment:
as long as 1.0995 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1035
1.1015
1.0995
1.0976 Last
1.0965
1.0950
1.0930
Our preference:
short positions below 1.0995 with targets at 1.0965 & 1.0950 in extension.
Alternative scenario:
above 1.0995 look for further upside with 1.1015 & 1.1035 as targets.
Comment:
as long as 1.0995 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1035
1.1015
1.0995
1.0976 Last
1.0965
1.0950
1.0930
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