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EUR/USD Intraday: intraday support around 1.0830

May 27, 2024 5:09 AM
long positions above 1.0830 with targets at 1.0860 & 1.0875 in extension.
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Pivot: 1.0830

Our preference: long positions above 1.0830 with targets at 1.0860 & 1.0875 in extension.

Alternative scenario: below 1.0830 look for further downside with 1.0815 & 1.0800 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1.0890
1.0875
1.0860
1.0848 Last
1.0830
1.0815
1.0800

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.
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