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EUR/USD Intraday: watch 1.0720

Jul 2, 2024 1:38 AM
short positions below 1.0755 with targets at 1.0720 & 1.0705 in extension.
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Pivot: 1.0755
Our preference: short positions below 1.0755 with targets at 1.0720 & 1.0705 in extension.
Alternative scenario: above 1.0755 look for further upside with 1.0775 & 1.0790 as targets.
Comment: a break below 1.0720 would trigger a drop towards 1.0705.
Supports and resistances:
1.0790
1.0775
1.0755
1.0733 Last
1.0720
1.0705
1.0685
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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