EUR/USD Intraday: the downside prevails
Feb 2, 2025 11:38 PM
short positions below 1.0355 with targets at 1.0165 & 1.0110 in extension.
Pivot: 1.0355
Our preference:
short positions below 1.0355 with targets at 1.0165 & 1.0110 in extension.
Alternative scenario:
above 1.0355 look for further upside with 1.0395 & 1.0435 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.0435
1.0395
1.0355
1.0240 Last
1.0165
1.0110
1.0080
Our preference:
short positions below 1.0355 with targets at 1.0165 & 1.0110 in extension.
Alternative scenario:
above 1.0355 look for further upside with 1.0395 & 1.0435 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.0435
1.0395
1.0355
1.0240 Last
1.0165
1.0110
1.0080
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%
