EUR/USD Intraday: under pressure
Oct 7, 2024 3:41 AM
short positions below 1.1000 with targets at 1.0950 & 1.0920 in extension.
Pivot: 1.1000
Our preference:
short positions below 1.1000 with targets at 1.0950 & 1.0920 in extension.
Alternative scenario:
above 1.1000 look for further upside with 1.1030 & 1.1055 as targets.
Comment:
a break below 1.0950 would trigger a drop towards 1.0920.
Supports and resistances:
1.1055
1.1030
1.1000
1.0971 Last
1.0950
1.0920
1.0890
Our preference:
short positions below 1.1000 with targets at 1.0950 & 1.0920 in extension.
Alternative scenario:
above 1.1000 look for further upside with 1.1030 & 1.1055 as targets.
Comment:
a break below 1.0950 would trigger a drop towards 1.0920.
Supports and resistances:
1.1055
1.1030
1.1000
1.0971 Last
1.0950
1.0920
1.0890
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%
