EUR/USD Intraday: rebound
May 13, 2024 2:00 PM
long positions above 1.0775 with targets at 1.0820 & 1.0835 in extension.
Pivot: 1.0775
Our preference: long positions above 1.0775 with targets at 1.0820 & 1.0835 in extension.
Alternative scenario: below 1.0775 look for further downside with 1.0760 & 1.0745 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.0845
1.0835
1.0820
1.0802 Last
1.0775
1.0760
1.0745
Our preference: long positions above 1.0775 with targets at 1.0820 & 1.0835 in extension.
Alternative scenario: below 1.0775 look for further downside with 1.0760 & 1.0745 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.0845
1.0835
1.0820
1.0802 Last
1.0775
1.0760
1.0745
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
1.17176
0.0023999999999999577
+20.50%
