EUR/USD Intraday: 1.0500 in sight
Nov 14, 2024 10:11 AM
short positions below 1.0565 with targets at 1.0500 & 1.0460 in extension.
Pivot: 1.0565
Our preference:
short positions below 1.0565 with targets at 1.0500 & 1.0460 in extension.
Alternative scenario:
above 1.0565 look for further upside with 1.0590 & 1.0625 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.0625
1.0590
1.0565
1.0518 Last
1.0500
1.0460
1.0425
Our preference:
short positions below 1.0565 with targets at 1.0500 & 1.0460 in extension.
Alternative scenario:
above 1.0565 look for further upside with 1.0590 & 1.0625 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.0625
1.0590
1.0565
1.0518 Last
1.0500
1.0460
1.0425
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