EUR/USD Intraday: key resistance at 1.0490

Nov 26, 2024 3:34 AM

short positions below 1.0490 with targets at 1.0430 & 1.0410 in extension.

Pivot: 1.0490
Our preference:
short positions below 1.0490 with targets at 1.0430 & 1.0410 in extension.
Alternative scenario:
above 1.0490 look for further upside with 1.0510 & 1.0530 as targets.
Comment:
as long as the resistance at 1.0490 is not surpassed, the risk of the break below 1.0430 remains high.
Supports and resistances:
1.0530
1.0510
1.0490
1.0465 Last
1.0430
1.0410
1.0390

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