EUR/USD Short Term: continuation of the rebound
Nov 4, 2024 8:23 AM
long positions above 1.0650 with targets at 1.1000 & 1.1200 in extension.
Pivot: 1.0650
Our preference:
long positions above 1.0650 with targets at 1.1000 & 1.1200 in extension.
Alternative scenario:
below 1.0650 look for further downside with 1.0500 & 1.0450 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
1.1275
1.1200
1.1000
1.0900 Last
1.0650
1.0500
1.0450
Our preference:
long positions above 1.0650 with targets at 1.1000 & 1.1200 in extension.
Alternative scenario:
below 1.0650 look for further downside with 1.0500 & 1.0450 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
1.1275
1.1200
1.1000
1.0900 Last
1.0650
1.0500
1.0450
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