EUR/USD Intraday: intraday support around 1.0930
Aug 6, 2024 5:00 AM
long positions above 1.0930 with targets at 1.0980 & 1.1005 in extension.
Pivot: 1.0930
Our preference: long positions above 1.0930 with targets at 1.0980 & 1.1005 in extension.
Alternative scenario: below 1.0930 look for further downside with 1.0910 & 1.0890 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1020
1.1005
1.0980
1.0951 Last
1.0930
1.0910
1.0890
Our preference: long positions above 1.0930 with targets at 1.0980 & 1.1005 in extension.
Alternative scenario: below 1.0930 look for further downside with 1.0910 & 1.0890 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1020
1.1005
1.0980
1.0951 Last
1.0930
1.0910
1.0890
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
