EUR/USD Intraday: the upside prevails
May 15, 2024 4:17 AM
long positions above 1.0800 with targets at 1.0850 & 1.0865 in extension.
Pivot: 1.0800
Our preference: long positions above 1.0800 with targets at 1.0850 & 1.0865 in extension.
Alternative scenario: below 1.0800 look for further downside with 1.0780 & 1.0765 as targets.
Comment: the break above 1.0800 is a positive signal that has opened a path to 1.0850.
Supports and resistances:
1.0880
1.0865
1.0850
1.0822 Last
1.0800
1.0780
1.0765
Our preference: long positions above 1.0800 with targets at 1.0850 & 1.0865 in extension.
Alternative scenario: below 1.0800 look for further downside with 1.0780 & 1.0765 as targets.
Comment: the break above 1.0800 is a positive signal that has opened a path to 1.0850.
Supports and resistances:
1.0880
1.0865
1.0850
1.0822 Last
1.0800
1.0780
1.0765
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