EUR/USD Intraday: capped by a negative trend line.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-10-11 01:32Source:TC

Pivot: 1.0945

Our preference: short positions below 1.0945 with targets at 1.0915 & 1.0900 in extension.

Alternative scenario: above 1.0945 look for further upside with 1.0960 & 1.0975 as targets.

Comment: as long as the resistance at 1.0945 is not surpassed, the risk of the break below 1.0915 remains high.

Supports and resistances:

1.0975

1.0960

1.0945

1.0933 Last

1.0915

1.0900

1.0885

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-11-2024 at 01:32 UTC+1

Price reference: 1.0933 last known on 10-11-2024 at 01:32 UTC+1

Investment horizon: INTRADAY

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