EUR/USD Intraday: under pressure
May 14, 2024 9:01 AM
short positions below 1.0795 with targets at 1.0770 & 1.0760 in extension.
Pivot: 1.0795
Our preference: short positions below 1.0795 with targets at 1.0770 & 1.0760 in extension.
Alternative scenario: above 1.0795 look for further upside with 1.0805 & 1.0820 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.0820
1.0805
1.0795
1.0783 Last
1.0770
1.0760
1.0745
Our preference: short positions below 1.0795 with targets at 1.0770 & 1.0760 in extension.
Alternative scenario: above 1.0795 look for further upside with 1.0805 & 1.0820 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.0820
1.0805
1.0795
1.0783 Last
1.0770
1.0760
1.0745
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