EUR/USD Intraday: under pressure
May 29, 2024 11:44 PM
short positions below 1.0830 with targets at 1.0780 & 1.0760 in extension.
Pivot: 1.0830
Our preference: short positions below 1.0830 with targets at 1.0780 & 1.0760 in extension.
Alternative scenario: above 1.0830 look for further upside with 1.0845 & 1.0860 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0860
1.0845
1.0830
1.0798 Last
1.0780
1.0760
1.0740
Our preference: short positions below 1.0830 with targets at 1.0780 & 1.0760 in extension.
Alternative scenario: above 1.0830 look for further upside with 1.0845 & 1.0860 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.0860
1.0845
1.0830
1.0798 Last
1.0780
1.0760
1.0740
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