EUR/USD ST: consolidation.

High Volatility
1675392761203
EURUSD+0%
2024-05-03 06:28Source:TC

Pivot: 1.0800

Our preference: short positions below 1.0800 with targets at 1.0600 & 1.0515 in extension.

Alternative scenario: above 1.0800 look for further upside with 1.0885 & 1.1015 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

1.1015

1.0885

1.0800

1.0687 Last

1.0600

1.0515

1.0450

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-03-2024 at 06:28 UTC+1

Price reference: 1.0687 last known on 05-03-2024 at 06:28 UTC+1

Investment horizon: ST

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