EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-08-28 13:22Source:TC

Pivot: 1.1190

Our preference: short positions below 1.1190 with targets at 1.1095 & 1.1070 in extension.

Alternative scenario: above 1.1190 look for further upside with 1.1210 & 1.1230 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

1.1230

1.1210

1.1190

1.1129 Last

1.1095

1.1070

1.1055

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-28-2024 at 13:22 UTC+1

Price reference: 1.1129 last known on 08-28-2024 at 13:22 UTC+1

Investment horizon: INTRADAY

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