EUR/USD Intraday: under pressure.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-13 00:23Source:TC

Pivot: 1.0650

Our preference: short positions below 1.0650 with targets at 1.0590 & 1.0565 in extension.

Alternative scenario: above 1.0650 look for further upside with 1.0685 & 1.0720 as targets.

Comment: the break below 1.0650 is a negative signal that has opened a path to 1.0590.

Supports and resistances:

1.0720

1.0685

1.0650

1.0618 Last

1.0590

1.0565

1.0540

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-13-2024 at 00:23 UTC+1

Price reference: 1.0618 last known on 11-13-2024 at 00:23 UTC+1

Investment horizon: INTRADAY

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