EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-14 06:55Source:TC

Pivot: 1.0580

Our preference: short positions below 1.0580 with targets at 1.0520 & 1.0500 in extension.

Alternative scenario: above 1.0580 look for further upside with 1.0600 & 1.0625 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.0625

1.0600

1.0580

1.0544 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 06:55 UTC+1

Price reference: 1.0544 last known on 11-14-2024 at 06:55 UTC+1

Investment horizon: INTRADAY

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