EUR/USD Short Term: the downside prevails
Dec 23, 2024 7:55 AM
short positions below 1.0940 with targets at 1.0330 & 1.0080 in extension.
Pivot: 1.0940
Our preference:
short positions below 1.0940 with targets at 1.0330 & 1.0080 in extension.
Alternative scenario:
above 1.0940 look for further upside with 1.1000 & 1.1200 as targets.
Comment:
the RSI is mixed with a bearish bias.
Supports and resistances:
1.1200
1.1000
1.0940
1.0434 Last
1.0330
1.0080
0.9960
Our preference:
short positions below 1.0940 with targets at 1.0330 & 1.0080 in extension.
Alternative scenario:
above 1.0940 look for further upside with 1.1000 & 1.1200 as targets.
Comment:
the RSI is mixed with a bearish bias.
Supports and resistances:
1.1200
1.1000
1.0940
1.0434 Last
1.0330
1.0080
0.9960
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
1.177
0.004
+0.34%
