EUR/USD Intraday: key resistance at 1.0415
Dec 20, 2024 9:48 AM
short positions below 1.0415 with targets at 1.0340 & 1.0295 in extension.
Pivot: 1.0415
Our preference:
short positions below 1.0415 with targets at 1.0340 & 1.0295 in extension.
Alternative scenario:
above 1.0415 look for further upside with 1.0440 & 1.0465 as targets.
Comment:
as long as the resistance at 1.0415 is not surpassed, the risk of the break below 1.0340 remains high.
Supports and resistances:
1.0465
1.0440
1.0415
1.0380 Last
1.0340
1.0295
1.0270
Our preference:
short positions below 1.0415 with targets at 1.0340 & 1.0295 in extension.
Alternative scenario:
above 1.0415 look for further upside with 1.0440 & 1.0465 as targets.
Comment:
as long as the resistance at 1.0415 is not surpassed, the risk of the break below 1.0340 remains high.
Supports and resistances:
1.0465
1.0440
1.0415
1.0380 Last
1.0340
1.0295
1.0270
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