EUR/USD Intraday: the downside prevails
Jan 31, 2025 1:44 AM
short positions below 1.0430 with targets at 1.0345 & 1.0325 in extension.
Pivot: 1.0430
Our preference:
short positions below 1.0430 with targets at 1.0345 & 1.0325 in extension.
Alternative scenario:
above 1.0430 look for further upside with 1.0450 & 1.0470 as targets.
Comment:
the RSI calls for a drop.
Supports and resistances:
1.0470
1.0450
1.0430
1.0386 Last
1.0345
1.0325
1.0300
Our preference:
short positions below 1.0430 with targets at 1.0345 & 1.0325 in extension.
Alternative scenario:
above 1.0430 look for further upside with 1.0450 & 1.0470 as targets.
Comment:
the RSI calls for a drop.
Supports and resistances:
1.0470
1.0450
1.0430
1.0386 Last
1.0345
1.0325
1.0300
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%
