EUR/USD Intraday: consolidation
Dec 24, 2024 11:46 AM
short positions below 1.0420 with targets at 1.0380 & 1.0355 in extension.
Pivot: 1.0420
Our preference:
short positions below 1.0420 with targets at 1.0380 & 1.0355 in extension.
Alternative scenario:
above 1.0420 look for further upside with 1.0445 & 1.0465 as targets.
Comment:
as long as the resistance at 1.0420 is not surpassed, the risk of the break below 1.0380 remains high.
Supports and resistances:
1.0465
1.0445
1.0420
1.0396 Last
1.0380
1.0355
1.0330
Our preference:
short positions below 1.0420 with targets at 1.0380 & 1.0355 in extension.
Alternative scenario:
above 1.0420 look for further upside with 1.0445 & 1.0465 as targets.
Comment:
as long as the resistance at 1.0420 is not surpassed, the risk of the break below 1.0380 remains high.
Supports and resistances:
1.0465
1.0445
1.0420
1.0396 Last
1.0380
1.0355
1.0330
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Related Instruments
EUR/USD
1.177
0.004
+0.34%
