EUR/USD Intraday: under pressure.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-12 00:14Source:TC

Pivot: 1.0690

Our preference: short positions below 1.0690 with targets at 1.0625 & 1.0600 in extension.

Alternative scenario: above 1.0690 look for further upside with 1.0720 & 1.0750 as targets.

Comment: a break below 1.0625 would trigger a drop towards 1.0600.

Supports and resistances:

1.0750

1.0720

1.0690

1.0656 Last

1.0625

1.0600

1.0575

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 11-12-2024 at 00:14 UTC+1

Price reference: 1.0656 last known on 11-12-2024 at 00:14 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