EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-06 13:19Source:TC

Pivot: 1.0780

Our preference: short positions below 1.0780 with targets at 1.0665 & 1.0620 in extension.

Alternative scenario: above 1.0780 look for further upside with 1.0840 & 1.0870 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

1.0870

1.0840

1.0780

1.0710 Last

1.0665

1.0620

1.0600

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-06-2024 at 13:19 UTC+1

Price reference: 1.0710 last known on 11-06-2024 at 13:19 UTC+1

Investment horizon: INTRADAY

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