EUR/USD Intraday: consolidation
Jun 4, 2024 2:29 PM
short positions below 1.0895 with targets at 1.0860 & 1.0840 in extension.
Pivot: 1.0895
Our preference: short positions below 1.0895 with targets at 1.0860 & 1.0840 in extension.
Alternative scenario: above 1.0895 look for further upside with 1.0915 & 1.0925 as targets.
Comment: as long as the resistance at 1.0895 is not surpassed, the risk of the break below 1.0860 remains high.
Supports and resistances:
1.0925
1.0915
1.0895
1.0869 Last
1.0860
1.0840
1.0825
Our preference: short positions below 1.0895 with targets at 1.0860 & 1.0840 in extension.
Alternative scenario: above 1.0895 look for further upside with 1.0915 & 1.0925 as targets.
Comment: as long as the resistance at 1.0895 is not surpassed, the risk of the break below 1.0860 remains high.
Supports and resistances:
1.0925
1.0915
1.0895
1.0869 Last
1.0860
1.0840
1.0825
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
