EUR/USD Intraday: consolidation in place
Sep 18, 2024 8:48 AM
short positions below 1.1135 with targets at 1.1110 & 1.1095 in extension.
Pivot: 1.1135
Our preference:
short positions below 1.1135 with targets at 1.1110 & 1.1095 in extension.
Alternative scenario:
above 1.1135 look for further upside with 1.1150 & 1.1165 as targets.
Comment:
as long as the resistance at 1.1135 is not surpassed, the risk of the break below 1.1110 remains high.
Supports and resistances:
1.1165
1.1150
1.1135
1.1130 Last
1.1110
1.1095
1.1080
Our preference:
short positions below 1.1135 with targets at 1.1110 & 1.1095 in extension.
Alternative scenario:
above 1.1135 look for further upside with 1.1150 & 1.1165 as targets.
Comment:
as long as the resistance at 1.1135 is not surpassed, the risk of the break below 1.1110 remains high.
Supports and resistances:
1.1165
1.1150
1.1135
1.1130 Last
1.1110
1.1095
1.1080
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
1.18217
0.0041199999999999015
+35.00%
