EUR/USD Intraday: bullish bias above 1.0570
Nov 19, 2024 6:07 AM
long positions above 1.0570 with targets at 1.0610 & 1.0630 in extension.
Pivot: 1.0570
Our preference:
long positions above 1.0570 with targets at 1.0610 & 1.0630 in extension.
Alternative scenario:
below 1.0570 look for further downside with 1.0550 & 1.0530 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0650
1.0630
1.0610
1.0585 Last
1.0570
1.0550
1.0530
Our preference:
long positions above 1.0570 with targets at 1.0610 & 1.0630 in extension.
Alternative scenario:
below 1.0570 look for further downside with 1.0550 & 1.0530 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0650
1.0630
1.0610
1.0585 Last
1.0570
1.0550
1.0530
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
1.186
-0.000
-0.02%
