EUR/USD Short Term: turning down
Oct 9, 2024 6:47 AM
short positions below 1.1200 with targets at 1.0880 & 1.0810 in extension.

Pivot: 1.1200
Our preference:
short positions below 1.1200 with targets at 1.0880 & 1.0810 in extension.
Alternative scenario:
above 1.1200 look for further upside with 1.1275 & 1.1380 as targets.
Comment:
technically the RSI is below its neutrality area at 50.
Supports and resistances:
1.1380
1.1275
1.1200
1.0965 Last
1.0880
1.0810
1.0775
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