EUR/USD Intraday: key resistance at 1.1005
Oct 7, 2024 11:33 PM
short positions below 1.1005 with targets at 1.0950 & 1.0935 in extension.
Pivot: 1.1005
Our preference:
short positions below 1.1005 with targets at 1.0950 & 1.0935 in extension.
Alternative scenario:
above 1.1005 look for further upside with 1.1020 & 1.1035 as targets.
Comment:
as long as the resistance at 1.1005 is not surpassed, the risk of the break below 1.0950 remains high.
Supports and resistances:
1.1035
1.1020
1.1005
1.0977 Last
1.0950
1.0935
1.0920
Our preference:
short positions below 1.1005 with targets at 1.0950 & 1.0935 in extension.
Alternative scenario:
above 1.1005 look for further upside with 1.1020 & 1.1035 as targets.
Comment:
as long as the resistance at 1.1005 is not surpassed, the risk of the break below 1.0950 remains high.
Supports and resistances:
1.1035
1.1020
1.1005
1.0977 Last
1.0950
1.0935
1.0920
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
