EUR/USD Intraday: choppy
Nov 22, 2024 10:48 AM
short positions below 1.0470 with targets at 1.0334 & 1.0300 in extension.
Pivot: 1.0470
Our preference:
short positions below 1.0470 with targets at 1.0334 & 1.0300 in extension.
Alternative scenario:
above 1.0470 look for further upside with 1.0510 & 1.0545 as targets.
Comment:
as long as 1.0470 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0545
1.0510
1.0470
1.0387 Last
1.0334
1.0300
1.0290
Our preference:
short positions below 1.0470 with targets at 1.0334 & 1.0300 in extension.
Alternative scenario:
above 1.0470 look for further upside with 1.0510 & 1.0545 as targets.
Comment:
as long as 1.0470 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0545
1.0510
1.0470
1.0387 Last
1.0334
1.0300
1.0290
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
0.010
+0.86%
