EUR/USD Intraday: under pressure
Sep 12, 2024 9:38 AM
short positions below 1.1030 with targets at 1.1000 & 1.0985 in extension.
Pivot: 1.1030
Our preference:
short positions below 1.1030 with targets at 1.1000 & 1.0985 in extension.
Alternative scenario:
above 1.1030 look for further upside with 1.1050 & 1.1065 as targets.
Comment:
as long as the resistance at 1.1030 is not surpassed, the risk of the break below 1.1000 remains high.
Supports and resistances:
1.1065
1.1050
1.1030
1.1014 Last
1.1000
1.0985
1.0970
Our preference:
short positions below 1.1030 with targets at 1.1000 & 1.0985 in extension.
Alternative scenario:
above 1.1030 look for further upside with 1.1050 & 1.1065 as targets.
Comment:
as long as the resistance at 1.1030 is not surpassed, the risk of the break below 1.1000 remains high.
Supports and resistances:
1.1065
1.1050
1.1030
1.1014 Last
1.1000
1.0985
1.0970
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
1.18257
0.00039999999999995595
+3.40%
