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EUR/USD Intraday: limited upside
Nov 7, 2024 10:08 AM
long positions above 1.0710 with targets at 1.0795 & 1.0840 in extension.
Pivot: 1.0710
Our preference:
long positions above 1.0710 with targets at 1.0795 & 1.0840 in extension.
Alternative scenario:
below 1.0710 look for further downside with 1.0665 & 1.0620 as targets.
Comment:
the RSI is mixed with a bullish bias.
Supports and resistances:
1.0870
1.0840
1.0795
1.0748 Last
1.0710
1.0665
1.0620
Our preference:
long positions above 1.0710 with targets at 1.0795 & 1.0840 in extension.
Alternative scenario:
below 1.0710 look for further downside with 1.0665 & 1.0620 as targets.
Comment:
the RSI is mixed with a bullish bias.
Supports and resistances:
1.0870
1.0840
1.0795
1.0748 Last
1.0710
1.0665
1.0620
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EUR/USD
1.14248
-0.0023
-20.10%