EUR/USD Intraday: consolidation.

Limited Increase
u
1675392761203
EURUSD+0%
2024-10-21 07:06Source:TC

Pivot: 1.0845

Our preference: long positions above 1.0845 with targets at 1.0880 & 1.0900 in extension.

Alternative scenario: below 1.0845 look for further downside with 1.0825 & 1.0810 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1.0915

1.0900

1.0880

1.0857 Last

1.0845

1.0825

1.0810

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-21-2024 at 07:06 UTC+1

Price reference: 1.0857 last known on 10-21-2024 at 07:06 UTC+1

Investment horizon: INTRADAY

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