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EUR/USD Intraday: under pressure

Nov 11, 2024 11:14 PM
short positions below 1.0690 with targets at 1.0625 & 1.0600 in extension.
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Pivot: 1.0690
Our preference:
short positions below 1.0690 with targets at 1.0625 & 1.0600 in extension.
Alternative scenario:
above 1.0690 look for further upside with 1.0720 & 1.0750 as targets.
Comment:
a break below 1.0625 would trigger a drop towards 1.0600.
Supports and resistances:
1.0750
1.0720
1.0690
1.0656 Last
1.0625
1.0600
1.0575
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.
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