EUR/USD Intraday: key resistance at 1.0310
Jan 3, 2025 5:49 AM
short positions below 1.0310 with targets at 1.0225 & 1.0200 in extension.
Pivot: 1.0310
Our preference:
short positions below 1.0310 with targets at 1.0225 & 1.0200 in extension.
Alternative scenario:
above 1.0310 look for further upside with 1.0340 & 1.0370 as targets.
Comment:
as long as the resistance at 1.0310 is not surpassed, the risk of the break below 1.0225 remains high.
Supports and resistances:
1.0370
1.0340
1.0310
1.0271 Last
1.0225
1.0200
1.0180
Our preference:
short positions below 1.0310 with targets at 1.0225 & 1.0200 in extension.
Alternative scenario:
above 1.0310 look for further upside with 1.0340 & 1.0370 as targets.
Comment:
as long as the resistance at 1.0310 is not surpassed, the risk of the break below 1.0225 remains high.
Supports and resistances:
1.0370
1.0340
1.0310
1.0271 Last
1.0225
1.0200
1.0180
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