EUR/USD Intraday: under pressure
Aug 1, 2024 11:03 AM
short positions below 1.0810 with targets at 1.0755 & 1.0735 in extension.
Pivot: 1.0810
Our preference: short positions below 1.0810 with targets at 1.0755 & 1.0735 in extension.
Alternative scenario: above 1.0810 look for further upside with 1.0825 & 1.0835 as targets.
Comment: the break below the support at 1.0810 triggered a downward acceleration to 1.0735.
Supports and resistances:
1.0835
1.0825
1.0810
1.0781 Last
1.0755
1.0735
1.0715
Our preference: short positions below 1.0810 with targets at 1.0755 & 1.0735 in extension.
Alternative scenario: above 1.0810 look for further upside with 1.0825 & 1.0835 as targets.
Comment: the break below the support at 1.0810 triggered a downward acceleration to 1.0735.
Supports and resistances:
1.0835
1.0825
1.0810
1.0781 Last
1.0755
1.0735
1.0715
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%
