EUR/USD Intraday: the bias remains bullish
Dec 30, 2024 5:47 AM
long positions above 1.0415 with targets at 1.0440 & 1.0455 in extension.
Pivot: 1.0415
Our preference:
long positions above 1.0415 with targets at 1.0440 & 1.0455 in extension.
Alternative scenario:
below 1.0415 look for further downside with 1.0400 & 1.0385 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0470
1.0455
1.0440
1.0424 Last
1.0415
1.0400
1.0385
Our preference:
long positions above 1.0415 with targets at 1.0440 & 1.0455 in extension.
Alternative scenario:
below 1.0415 look for further downside with 1.0400 & 1.0385 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0470
1.0455
1.0440
1.0424 Last
1.0415
1.0400
1.0385
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