EUR/USD Intraday: under pressure
Oct 16, 2024 9:15 AM
short positions below 1.0910 with targets at 1.0875 & 1.0860 in extension.
Pivot: 1.0910
Our preference:
short positions below 1.0910 with targets at 1.0875 & 1.0860 in extension.
Alternative scenario:
above 1.0910 look for further upside with 1.0925 & 1.0940 as targets.
Comment:
as long as the resistance at 1.0910 is not surpassed, the risk of the break below 1.0875 remains high.
Supports and resistances:
1.0940
1.0925
1.0910
1.0888 Last
1.0875
1.0860
1.0845
Our preference:
short positions below 1.0910 with targets at 1.0875 & 1.0860 in extension.
Alternative scenario:
above 1.0910 look for further upside with 1.0925 & 1.0940 as targets.
Comment:
as long as the resistance at 1.0910 is not surpassed, the risk of the break below 1.0875 remains high.
Supports and resistances:
1.0940
1.0925
1.0910
1.0888 Last
1.0875
1.0860
1.0845
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
1.168
0.0045800000000000285
+39.40%
