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EUR/USD Intraday: choppy

Nov 19, 2024 12:16 PM
short positions below 1.0580 with targets at 1.0500 & 1.0475 in extension.
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Pivot: 1.0580
Our preference:
short positions below 1.0580 with targets at 1.0500 & 1.0475 in extension.
Alternative scenario:
above 1.0580 look for further upside with 1.0610 & 1.0640 as targets.
Comment:
as long as 1.0580 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0640
1.0610
1.0580
1.0562 Last
1.0500
1.0475
1.0460
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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EUR/USD
1.186
-0.000
-0.02%
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