EUR/USD Intraday: bullish bias above 1.0840
May 21, 2024 11:40 PM
long positions above 1.0840 with targets at 1.0870 & 1.0885 in extension.
Pivot: 1.0840
Our preference: long positions above 1.0840 with targets at 1.0870 & 1.0885 in extension.
Alternative scenario: below 1.0840 look for further downside with 1.0825 & 1.0810 as targets.
Comment: a support base at 1.0840 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0900
1.0885
1.0870
1.0858 Last
1.0840
1.0825
1.0810
Our preference: long positions above 1.0840 with targets at 1.0870 & 1.0885 in extension.
Alternative scenario: below 1.0840 look for further downside with 1.0825 & 1.0810 as targets.
Comment: a support base at 1.0840 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0900
1.0885
1.0870
1.0858 Last
1.0840
1.0825
1.0810
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
1.17388
-0.00018999999999991246
-1.60%
