EUR/USD Intraday: consolidation.

Limited Increase
u
1675392761203
EURUSD+0%
2024-11-08 02:42Source:TC

Pivot: 1.0760

Our preference: long positions above 1.0760 with targets at 1.0825 & 1.0855 in extension.

Alternative scenario: below 1.0760 look for further downside with 1.0730 & 1.0710 as targets.

Comment: a support base at 1.0760 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.0885

1.0855

1.0825

1.0783 Last

1.0760

1.0730

1.0710

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-08-2024 at 02:42 UTC+1

Price reference: 1.0783 last known on 11-08-2024 at 02:42 UTC+1

Investment horizon: INTRADAY

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