EUR/USD Intraday: key resistance at 1.0880
May 16, 2024 11:49 PM
short positions below 1.0880 with targets at 1.0850 & 1.0835 in extension.
Pivot: 1.0880
Our preference: short positions below 1.0880 with targets at 1.0850 & 1.0835 in extension.
Alternative scenario: above 1.0880 look for further upside with 1.0895 & 1.0910 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
1.0910
1.0895
1.0880
1.0867 Last
1.0850
1.0835
1.0820
Our preference: short positions below 1.0880 with targets at 1.0850 & 1.0835 in extension.
Alternative scenario: above 1.0880 look for further upside with 1.0895 & 1.0910 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
1.0910
1.0895
1.0880
1.0867 Last
1.0850
1.0835
1.0820
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Related Instruments
EUR/USD
1.17388
-0.00018999999999991246
-1.60%
