EUR/USD Intraday: under pressure
Sep 9, 2024 6:18 AM
short positions below 1.1125 with targets at 1.1025 & 1.0980 in extension.
Pivot: 1.1125
Our preference:
short positions below 1.1125 with targets at 1.1025 & 1.0980 in extension.
Alternative scenario:
above 1.1125 look for further upside with 1.1155 & 1.1190 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
1.1190
1.1155
1.1125
1.1068 Last
1.1025
1.0980
1.0900
Our preference:
short positions below 1.1125 with targets at 1.1025 & 1.0980 in extension.
Alternative scenario:
above 1.1125 look for further upside with 1.1155 & 1.1190 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
1.1190
1.1155
1.1125
1.1068 Last
1.1025
1.0980
1.0900
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
1.19041
-0.0010099999999999554
-8.50%
