EUR/USD Intraday: intraday support around 1.1050.

Limited Increase
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1675392761203
EURUSD+0%
2024-08-29 11:31Source:TC

Pivot: 1.1050

Our preference: long positions above 1.1050 with targets at 1.1105 & 1.1140 in extension.

Alternative scenario: below 1.1050 look for further downside with 1.1020 & 1.1000 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

1.1190

1.1140

1.1105

1.1079 Last

1.1050

1.1020

1.1000

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-29-2024 at 11:31 UTC+1

Price reference: 1.1079 last known on 08-29-2024 at 11:31 UTC+1

Investment horizon: INTRADAY

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