EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-09-19 03:39Source:TC

Pivot: 1.1120

Our preference: short positions below 1.1120 with targets at 1.1050 & 1.1025 in extension.

Alternative scenario: above 1.1120 look for further upside with 1.1140 & 1.1160 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:

1.1160

1.1140

1.1120

1.1076 Last

1.1050

1.1025

1.1000

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-19-2024 at 03:39 UTC+1

Price reference: 1.1076 last known on 09-19-2024 at 03:39 UTC+1

Investment horizon: INTRADAY

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