EUR/USD Intraday: further advance
Jan 24, 2025 11:53 AM
long positions above 1.0450 with targets at 1.0535 & 1.0570 in extension.
Pivot: 1.0450
Our preference:
long positions above 1.0450 with targets at 1.0535 & 1.0570 in extension.
Alternative scenario:
below 1.0450 look for further downside with 1.0410 & 1.0390 as targets.
Comment:
the break above the resistance at 1.0450 triggered an upward acceleration to 1.0535.
Supports and resistances:
1.0600
1.0570
1.0535
1.0488 Last
1.0450
1.0410
1.0390
Our preference:
long positions above 1.0450 with targets at 1.0535 & 1.0570 in extension.
Alternative scenario:
below 1.0450 look for further downside with 1.0410 & 1.0390 as targets.
Comment:
the break above the resistance at 1.0450 triggered an upward acceleration to 1.0535.
Supports and resistances:
1.0600
1.0570
1.0535
1.0488 Last
1.0450
1.0410
1.0390
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