EUR/USD Intraday: the upside prevails
Dec 17, 2024 1:44 AM
long positions above 1.0495 with targets at 1.0545 & 1.0560 in extension.
Pivot: 1.0495
Our preference:
long positions above 1.0495 with targets at 1.0545 & 1.0560 in extension.
Alternative scenario:
below 1.0495 look for further downside with 1.0480 & 1.0465 as targets.
Comment:
the break above 1.0495 is a positive signal that has opened a path to 1.0545.
Supports and resistances:
1.0580
1.0560
1.0545
1.0520 Last
1.0495
1.0480
1.0465
Our preference:
long positions above 1.0495 with targets at 1.0545 & 1.0560 in extension.
Alternative scenario:
below 1.0495 look for further downside with 1.0480 & 1.0465 as targets.
Comment:
the break above 1.0495 is a positive signal that has opened a path to 1.0545.
Supports and resistances:
1.0580
1.0560
1.0545
1.0520 Last
1.0495
1.0480
1.0465
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