EUR/USD Intraday: bullish bias above 1.0435.

Limited Increase
u
1675392761203
EURUSD+0%
2024-11-25 12:53Source:TC

Pivot: 1.0435

Our preference: long positions above 1.0435 with targets at 1.0515 & 1.0540 in extension.

Alternative scenario: below 1.0435 look for further downside with 1.0410 & 1.0390 as targets.

Comment: the break above 1.0435 is a positive signal that has opened a path to 1.0515.

Supports and resistances:

1.0560

1.0540

1.0515

1.0478 Last

1.0435

1.0410

1.0390

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-25-2024 at 12:53 UTC+1

Price reference: 1.0478 last known on 11-25-2024 at 12:53 UTC+1

Investment horizon: INTRADAY

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