EUR/USD Intraday: rebound expected
May 30, 2024 11:52 PM
long positions above 1.0805 with targets at 1.0850 & 1.0865 in extension.
Pivot: 1.0805
Our preference: long positions above 1.0805 with targets at 1.0850 & 1.0865 in extension.
Alternative scenario: below 1.0805 look for further downside with 1.0785 & 1.0770 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
1.0885
1.0865
1.0850
1.0832 Last
1.0805
1.0785
1.0770
Our preference: long positions above 1.0805 with targets at 1.0850 & 1.0865 in extension.
Alternative scenario: below 1.0805 look for further downside with 1.0785 & 1.0770 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
1.0885
1.0865
1.0850
1.0832 Last
1.0805
1.0785
1.0770
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
1.17529
0.00022999999999995246
+2.00%
