EUR/USD Intraday: bullish bias above 1.0485
Dec 4, 2024 12:04 PM
long positions above 1.0485 with targets at 1.0535 & 1.0555 in extension.
Pivot: 1.0485
Our preference:
long positions above 1.0485 with targets at 1.0535 & 1.0555 in extension.
Alternative scenario:
below 1.0485 look for further downside with 1.0460 & 1.0440 as targets.
Comment:
a support base at 1.0485 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0575
1.0555
1.0535
1.0503 Last
1.0485
1.0460
1.0440
Our preference:
long positions above 1.0485 with targets at 1.0535 & 1.0555 in extension.
Alternative scenario:
below 1.0485 look for further downside with 1.0460 & 1.0440 as targets.
Comment:
a support base at 1.0485 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0575
1.0555
1.0535
1.0503 Last
1.0485
1.0460
1.0440
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
1.181
0.005
+0.39%
