EUR/USD Intraday: bullish bias above 1.0860.

Limited Increase
u
1675392761203
EURUSD+0%
2024-11-04 10:47Source:TC

Pivot: 1.0860

Our preference: long positions above 1.0860 with targets at 1.0925 & 1.0950 in extension.

Alternative scenario: below 1.0860 look for further downside with 1.0830 & 1.0810 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

1.0975

1.0950

1.0925

1.0898 Last

1.0860

1.0830

1.0810

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 11-04-2024 at 10:47 UTC+1

Price reference: 1.0898 last known on 11-04-2024 at 10:47 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

More