EUR/USD Intraday: key resistance at 1.0440
Jan 21, 2025 5:58 AM
short positions below 1.0440 with targets at 1.0330 & 1.0305 in extension.
Pivot: 1.0440
Our preference:
short positions below 1.0440 with targets at 1.0330 & 1.0305 in extension.
Alternative scenario:
above 1.0440 look for further upside with 1.0465 & 1.0490 as targets.
Comment:
as long as the resistance at 1.0440 is not surpassed, the risk of the break below 1.0330 remains high.
Supports and resistances:
1.0490
1.0465
1.0440
1.0383 Last
1.0330
1.0305
1.0280
Our preference:
short positions below 1.0440 with targets at 1.0330 & 1.0305 in extension.
Alternative scenario:
above 1.0440 look for further upside with 1.0465 & 1.0490 as targets.
Comment:
as long as the resistance at 1.0440 is not surpassed, the risk of the break below 1.0330 remains high.
Supports and resistances:
1.0490
1.0465
1.0440
1.0383 Last
1.0330
1.0305
1.0280
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