EUR/USD Intraday: under pressure
Jan 28, 2025 10:16 AM
short positions below 1.0455 with targets at 1.0410 & 1.0385 in extension.
Pivot: 1.0455
Our preference:
short positions below 1.0455 with targets at 1.0410 & 1.0385 in extension.
Alternative scenario:
above 1.0455 look for further upside with 1.0485 & 1.0505 as targets.
Comment:
as long as the resistance at 1.0455 is not surpassed, the risk of the break below 1.0410 remains high.
Supports and resistances:
1.0505
1.0485
1.0455
1.0431 Last
1.0410
1.0385
1.0365
Our preference:
short positions below 1.0455 with targets at 1.0410 & 1.0385 in extension.
Alternative scenario:
above 1.0455 look for further upside with 1.0485 & 1.0505 as targets.
Comment:
as long as the resistance at 1.0455 is not surpassed, the risk of the break below 1.0410 remains high.
Supports and resistances:
1.0505
1.0485
1.0455
1.0431 Last
1.0410
1.0385
1.0365
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