EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-07 00:42Source:TC

Pivot: 1.0780

Our preference: short positions below 1.0780 with targets at 1.0685 & 1.0660 in extension.

Alternative scenario: above 1.0780 look for further upside with 1.0810 & 1.0840 as targets.

Comment: the RSI advocates for further downside.

Supports and resistances:

1.0840

1.0810

1.0780

1.0731 Last

1.0685

1.0660

1.0640

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-07-2024 at 00:42 UTC+1

Price reference: 1.0731 last known on 11-07-2024 at 00:42 UTC+1

Investment horizon: INTRADAY

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