EUR/USD Intraday: key resistance at 1.0650
Nov 13, 2024 3:49 AM
short positions below 1.0650 with targets at 1.0590 & 1.0565 in extension.
Pivot: 1.0650
Our preference:
short positions below 1.0650 with targets at 1.0590 & 1.0565 in extension.
Alternative scenario:
above 1.0650 look for further upside with 1.0685 & 1.0720 as targets.
Comment:
as long as the resistance at 1.0650 is not surpassed, the risk of the break below 1.0590 remains high.
Supports and resistances:
1.0720
1.0685
1.0650
1.0622 Last
1.0590
1.0565
1.0540
Our preference:
short positions below 1.0650 with targets at 1.0590 & 1.0565 in extension.
Alternative scenario:
above 1.0650 look for further upside with 1.0685 & 1.0720 as targets.
Comment:
as long as the resistance at 1.0650 is not surpassed, the risk of the break below 1.0590 remains high.
Supports and resistances:
1.0720
1.0685
1.0650
1.0622 Last
1.0590
1.0565
1.0540
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