EUR/USD Intraday: watch 1.0800
May 23, 2024 3:38 AM
short positions below 1.0845 with targets at 1.0815 & 1.0800 in extension.
Pivot: 1.0845
Our preference: short positions below 1.0845 with targets at 1.0815 & 1.0800 in extension.
Alternative scenario: above 1.0845 look for further upside with 1.0860 & 1.0875 as targets.
Comment: as long as the resistance at 1.0845 is not surpassed, the risk of the break below 1.0815 remains high.
Supports and resistances:
1.0875
1.0860
1.0845
1.0827 Last
1.0815
1.0800
1.0775
Our preference: short positions below 1.0845 with targets at 1.0815 & 1.0800 in extension.
Alternative scenario: above 1.0845 look for further upside with 1.0860 & 1.0875 as targets.
Comment: as long as the resistance at 1.0845 is not surpassed, the risk of the break below 1.0815 remains high.
Supports and resistances:
1.0875
1.0860
1.0845
1.0827 Last
1.0815
1.0800
1.0775
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