EUR/USD Intraday: key resistance at 1.0890
Jun 5, 2024 5:22 AM
short positions below 1.0890 with targets at 1.0870 & 1.0860 in extension.
Pivot: 1.0890
Our preference: short positions below 1.0890 with targets at 1.0870 & 1.0860 in extension.
Alternative scenario: above 1.0890 look for further upside with 1.0905 & 1.0915 as targets.
Comment: as long as the resistance at 1.0890 is not surpassed, the risk of the break below 1.0870 remains high.
Supports and resistances:
1.0915
1.0905
1.0890
1.0880 Last
1.0870
1.0860
1.0845
Our preference: short positions below 1.0890 with targets at 1.0870 & 1.0860 in extension.
Alternative scenario: above 1.0890 look for further upside with 1.0905 & 1.0915 as targets.
Comment: as long as the resistance at 1.0890 is not surpassed, the risk of the break below 1.0870 remains high.
Supports and resistances:
1.0915
1.0905
1.0890
1.0880 Last
1.0870
1.0860
1.0845
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