EUR/USD Intraday: the downside prevails
May 24, 2024 3:36 AM
short positions below 1.0830 with targets at 1.0795 & 1.0775 in extension.

Pivot: 1.0830
Our preference: short positions below 1.0830 with targets at 1.0795 & 1.0775 in extension.
Alternative scenario: above 1.0830 look for further upside with 1.0845 & 1.0860 as targets.
Comment: the RSI calls for a new downleg.
Supports and resistances:
1.0860
1.0845
1.0830
1.0805 Last
1.0795
1.0775
1.0760
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