EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-14 04:37Source:TC

Pivot: 1.0595

Our preference: short positions below 1.0595 with targets at 1.0520 & 1.0500 in extension.

Alternative scenario: above 1.0595 look for further upside with 1.0625 & 1.0655 as targets.

Comment: the break below 1.0595 is a negative signal that has opened a path to 1.0520.

Supports and resistances:

1.0655

1.0625

1.0595

1.0553 Last

1.0520

1.0500

1.0480

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-14-2024 at 04:37 UTC+1

Price reference: 1.0553 last known on 11-14-2024 at 04:37 UTC+1

Investment horizon: INTRADAY

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