EUR/USD Intraday: the upside prevails.

Limited Increase
u
1675392761203
EURUSD+0%
2024-05-02 10:59Source:TC

Pivot: 1.0685

Our preference: long positions above 1.0685 with targets at 1.0730 & 1.0750 in extension.

Alternative scenario: below 1.0685 look for further downside with 1.0665 & 1.0650 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.0770

1.0750

1.0730

1.0702 Last

1.0685

1.0665

1.0650

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-02-2024 at 10:59 UTC+1

Price reference: 1.0702 last known on 05-02-2024 at 10:59 UTC+1

Investment horizon: INTRADAY

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