EUR/USD Intraday: intraday support around 1.0400
Dec 23, 2024 10:24 AM
long positions above 1.0400 with targets at 1.0465 & 1.0490 in extension.
Pivot: 1.0400
Our preference:
long positions above 1.0400 with targets at 1.0465 & 1.0490 in extension.
Alternative scenario:
below 1.0400 look for further downside with 1.0370 & 1.0340 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0515
1.0490
1.0465
1.0407 Last
1.0400
1.0370
1.0340
Our preference:
long positions above 1.0400 with targets at 1.0465 & 1.0490 in extension.
Alternative scenario:
below 1.0400 look for further downside with 1.0370 & 1.0340 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0515
1.0490
1.0465
1.0407 Last
1.0400
1.0370
1.0340
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