EUR/USD Intraday: intraday support around 1.0795
Oct 29, 2024 3:37 AM
long positions above 1.0795 with targets at 1.0825 & 1.0840 in extension.
Pivot: 1.0795
Our preference:
long positions above 1.0795 with targets at 1.0825 & 1.0840 in extension.
Alternative scenario:
below 1.0795 look for further downside with 1.0780 & 1.0760 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0855
1.0840
1.0825
1.0808 Last
1.0795
1.0780
1.0760
Our preference:
long positions above 1.0795 with targets at 1.0825 & 1.0840 in extension.
Alternative scenario:
below 1.0795 look for further downside with 1.0780 & 1.0760 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0855
1.0840
1.0825
1.0808 Last
1.0795
1.0780
1.0760
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