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EUR/USD Intraday: further advance

May 28, 2024 2:38 AM
long positions above 1.0850 with targets at 1.0885 & 1.0900 in extension.
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Pivot: 1.0850

Our preference: long positions above 1.0850 with targets at 1.0885 & 1.0900 in extension.

Alternative scenario: below 1.0850 look for further downside with 1.0835 & 1.0815 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
1.0920
1.0900
1.0885
1.0871 Last
1.0850
1.0835
1.0815

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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