EUR/USD Intraday: under pressure
Jan 7, 2025 11:45 PM
short positions below 1.0380 with targets at 1.0310 & 1.0280 in extension.
Pivot: 1.0380
Our preference:
short positions below 1.0380 with targets at 1.0310 & 1.0280 in extension.
Alternative scenario:
above 1.0380 look for further upside with 1.0410 & 1.0435 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
1.0435
1.0410
1.0380
1.0341 Last
1.0310
1.0280
1.0250
Our preference:
short positions below 1.0380 with targets at 1.0310 & 1.0280 in extension.
Alternative scenario:
above 1.0380 look for further upside with 1.0410 & 1.0435 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
1.0435
1.0410
1.0380
1.0341 Last
1.0310
1.0280
1.0250
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