EUR/USD Intraday: the downside prevails.

Limited Decrease
l
2024-07-24 03:52Source:TC

Pivot: 1.0870

Our preference: short positions below 1.0870 with targets at 1.0825 & 1.0810 in extension.

Alternative scenario: above 1.0870 look for further upside with 1.0885 & 1.0900 as targets.

Comment: the break above 1.0870 is a positive signal that has opened a path to 1.0825.

Supports and resistances:

1.0900

1.0885

1.0870

1.0845 Last

1.0825

1.0810

1.0795

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-24-2024 at 03:52 UTC+1

Price reference: 1.0845 last known on 07-24-2024 at 03:52 UTC+1

Investment horizon: INTRADAY

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