EUR/USD Intraday: under pressure.

Limited Decrease
l
2023-02-07 11:00Source:TC

Pivot: 1.0755

Our preference: short positions below 1.0755 with targets at 1.0670 & 1.0640 in extension.

Alternative scenario: above 1.0755 look for further upside with 1.0780 & 1.0800 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.0800

1.0780

1.0755

1.0709 Last

1.0670

1.0640

1.0600

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-07-2023 at 11:00 UTC+1

Price reference: 1.0709 last known on 02-07-2023 at 11:00 UTC+1

Investment horizon: INTRADAY

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