EUR/USD Intraday: key resistance at 1.0580.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-11-15 06:56Source:TC

Pivot: 1.0580

Our preference: short positions below 1.0580 with targets at 1.0495 & 1.0475 in extension.

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

Comment: as long as the resistance at 1.0580 is not surpassed, the risk of the break below 1.0495 remains high.

Supports and resistances:

1.0625

1.0600

1.0580

1.0540 Last

1.0495

1.0475

1.0455

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 11-15-2024 at 06:56 UTC+1

Price reference: 1.0540 last known on 11-15-2024 at 06:56 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