EUR/USD Intraday: under pressure.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-10-22 01:36Source:TC

Pivot: 1.0840

Our preference: short positions below 1.0840 with targets at 1.0800 & 1.0780 in extension.

Alternative scenario: above 1.0840 look for further upside with 1.0855 & 1.0870 as targets.

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

Supports and resistances:

1.0870

1.0855

1.0840

1.0814 Last

1.0800

1.0780

1.0765

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-22-2024 at 01:36 UTC+1

Price reference: 1.0814 last known on 10-22-2024 at 01:36 UTC+1

Investment horizon: INTRADAY

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