EUR/USD Intraday: consolidation
Jan 14, 2025 3:46 AM
long positions above 1.0220 with targets at 1.0280 & 1.0300 in extension.
Pivot: 1.0220
Our preference:
long positions above 1.0220 with targets at 1.0280 & 1.0300 in extension.
Alternative scenario:
below 1.0220 look for further downside with 1.0195 & 1.0175 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0325
1.0300
1.0280
1.0251 Last
1.0220
1.0195
1.0175
Our preference:
long positions above 1.0220 with targets at 1.0280 & 1.0300 in extension.
Alternative scenario:
below 1.0220 look for further downside with 1.0195 & 1.0175 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0325
1.0300
1.0280
1.0251 Last
1.0220
1.0195
1.0175
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Related Instruments
EUR/USD
1.173
-0.000
-0.03%
