EUR/USD Intraday: under pressure.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-05-02 16:00Source:TC

Pivot: 1.0710

Our preference: short positions below 1.0710 with targets at 1.0665 & 1.0650 in extension.

Alternative scenario: above 1.0710 look for further upside with 1.0730 & 1.0750 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.0750

1.0730

1.0710

1.0687 Last

1.0665

1.0650

1.0635

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-02-2024 at 16:00 UTC+1

Price reference: 1.0687 last known on 05-02-2024 at 16:00 UTC+1

Investment horizon: INTRADAY

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