EUR/USD Intraday: the downside prevails
May 23, 2024 11:55 PM
short positions below 1.0840 with targets at 1.0795 & 1.0775 in extension.
Pivot: 1.0840
Our preference: short positions below 1.0840 with targets at 1.0795 & 1.0775 in extension.
Alternative scenario: above 1.0840 look for further upside with 1.0860 & 1.0875 as targets.
Comment: the RSI advocates for further decline.
Supports and resistances:
1.0875
1.0860
1.0840
1.0812 Last
1.0795
1.0775
1.0760
Our preference: short positions below 1.0840 with targets at 1.0795 & 1.0775 in extension.
Alternative scenario: above 1.0840 look for further upside with 1.0860 & 1.0875 as targets.
Comment: the RSI advocates for further decline.
Supports and resistances:
1.0875
1.0860
1.0840
1.0812 Last
1.0795
1.0775
1.0760
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
