EUR/USD Intraday: key resistance at 1.0855
Jul 24, 2024 11:39 AM
short positions below 1.0855 with targets at 1.0825 & 1.0810 in extension.
Pivot: 1.0855
Our preference: short positions below 1.0855 with targets at 1.0825 & 1.0810 in extension.
Alternative scenario: above 1.0855 look for further upside with 1.0875 & 1.0885 as targets.
Comment: as long as 1.0855 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0885
1.0875
1.0855
1.0839 Last
1.0825
1.0810
1.0795
Our preference: short positions below 1.0855 with targets at 1.0825 & 1.0810 in extension.
Alternative scenario: above 1.0855 look for further upside with 1.0875 & 1.0885 as targets.
Comment: as long as 1.0855 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0885
1.0875
1.0855
1.0839 Last
1.0825
1.0810
1.0795
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.
Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
