EUR/USD Intraday: key resistance at 1.0490
Nov 26, 2024 3:34 AM
short positions below 1.0490 with targets at 1.0430 & 1.0410 in extension.
Pivot: 1.0490
Our preference:
short positions below 1.0490 with targets at 1.0430 & 1.0410 in extension.
Alternative scenario:
above 1.0490 look for further upside with 1.0510 & 1.0530 as targets.
Comment:
as long as the resistance at 1.0490 is not surpassed, the risk of the break below 1.0430 remains high.
Supports and resistances:
1.0530
1.0510
1.0490
1.0465 Last
1.0430
1.0410
1.0390
Our preference:
short positions below 1.0490 with targets at 1.0430 & 1.0410 in extension.
Alternative scenario:
above 1.0490 look for further upside with 1.0510 & 1.0530 as targets.
Comment:
as long as the resistance at 1.0490 is not surpassed, the risk of the break below 1.0430 remains high.
Supports and resistances:
1.0530
1.0510
1.0490
1.0465 Last
1.0430
1.0410
1.0390
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