EUR/USD Intraday: under pressure
Jun 20, 2024 2:36 PM
short positions below 1.0740 with targets at 1.0710 & 1.0690 in extension.
Pivot: 1.0740
Our preference: short positions below 1.0740 with targets at 1.0710 & 1.0690 in extension.
Alternative scenario: above 1.0740 look for further upside with 1.0750 & 1.0760 as targets.
Comment: as long as the resistance at 1.0740 is not surpassed, the risk of the break below 1.0710 remains high.
Supports and resistances:
1.0760
1.0750
1.0740
1.0727 Last
1.0710
1.0690
1.0665
Our preference: short positions below 1.0740 with targets at 1.0710 & 1.0690 in extension.
Alternative scenario: above 1.0740 look for further upside with 1.0750 & 1.0760 as targets.
Comment: as long as the resistance at 1.0740 is not surpassed, the risk of the break below 1.0710 remains high.
Supports and resistances:
1.0760
1.0750
1.0740
1.0727 Last
1.0710
1.0690
1.0665
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
