EUR/USD Intraday: consolidation in place
Jan 28, 2025 11:55 AM
short positions below 1.0455 with targets at 1.0410 & 1.0385 in extension.
Pivot: 1.0455
Our preference:
short positions below 1.0455 with targets at 1.0410 & 1.0385 in extension.
Alternative scenario:
above 1.0455 look for further upside with 1.0485 & 1.0505 as targets.
Comment:
as long as the resistance at 1.0455 is not surpassed, the risk of the break below 1.0410 remains high.
Supports and resistances:
1.0505
1.0485
1.0455
1.0423 Last
1.0410
1.0385
1.0365
Our preference:
short positions below 1.0455 with targets at 1.0410 & 1.0385 in extension.
Alternative scenario:
above 1.0455 look for further upside with 1.0485 & 1.0505 as targets.
Comment:
as long as the resistance at 1.0455 is not surpassed, the risk of the break below 1.0410 remains high.
Supports and resistances:
1.0505
1.0485
1.0455
1.0423 Last
1.0410
1.0385
1.0365
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
1.173
-0.000
-0.02%
