EUR/USD Intraday: the upside prevails.

Limited Increase
u
1675392761203
EURUSD+0%
2024-11-20 02:42Source:TC

Pivot: 1.0570

Our preference: long positions above 1.0570 with targets at 1.0620 & 1.0640 in extension.

Alternative scenario: below 1.0570 look for further downside with 1.0550 & 1.0530 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.0655

1.0640

1.0620

1.0596 Last

1.0570

1.0550

1.0530

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 02:42 UTC+1

Price reference: 1.0596 last known on 11-20-2024 at 02:42 UTC+1

Investment horizon: INTRADAY

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