EUR/USD Intraday: watch 1.0720

Jul 2, 2024 3:43 AM

short positions below 1.0750 with targets at 1.0720 & 1.0705 in extension.

Pivot: 1.0750
Our preference: short positions below 1.0750 with targets at 1.0720 & 1.0705 in extension.
Alternative scenario: above 1.0750 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
1.0750
1.0730 Last
1.0720
1.0705
1.0685

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