tradingkey.logo

EUR/USD Intraday: supported by a rising trend line

Jul 26, 2024 2:28 PM
long positions above 1.0845 with targets at 1.0875 & 1.0885 in extension.
image
Pivot: 1.0845
Our preference: long positions above 1.0845 with targets at 1.0875 & 1.0885 in extension.
Alternative scenario: below 1.0845 look for further downside with 1.0825 & 1.0805 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
1.0895
1.0885
1.0875
1.0861 Last
1.0845
1.0825
1.0805
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.
KeyAI