EUR/USD Intraday: key resistance at 1.0990
Aug 16, 2024 3:35 AM
short positions below 1.0990 with targets at 1.0965 & 1.0950 in extension.
Pivot: 1.0990
Our preference: short positions below 1.0990 with targets at 1.0965 & 1.0950 in extension.
Alternative scenario: above 1.0990 look for further upside with 1.1010 & 1.1025 as targets.
Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
1.1025
1.1010
1.0990
1.0977 Last
1.0965
1.0950
1.0935
Our preference: short positions below 1.0990 with targets at 1.0965 & 1.0950 in extension.
Alternative scenario: above 1.0990 look for further upside with 1.1010 & 1.1025 as targets.
Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
1.1025
1.1010
1.0990
1.0977 Last
1.0965
1.0950
1.0935
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Related Instruments
EUR/USD
1.18945
0.007279999999999953
+61.60%
