EUR/USD Intraday: the downside prevails
Sep 19, 2024 1:39 AM
short positions below 1.1120 with targets at 1.1050 & 1.1025 in extension.
Pivot: 1.1120
Our preference:
short positions below 1.1120 with targets at 1.1050 & 1.1025 in extension.
Alternative scenario:
above 1.1120 look for further upside with 1.1140 & 1.1160 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.1160
1.1140
1.1120
1.1076 Last
1.1050
1.1025
1.1000
Our preference:
short positions below 1.1120 with targets at 1.1050 & 1.1025 in extension.
Alternative scenario:
above 1.1120 look for further upside with 1.1140 & 1.1160 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.1160
1.1140
1.1120
1.1076 Last
1.1050
1.1025
1.1000
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%
