EUR/USD ST: the downside prevails.

High Volatility
1675392761203
EURUSD+0%
2024-11-27 08:44Source:TC

Pivot: 1.0940

Our preference: short positions below 1.0940 with targets at 1.0330 & 1.0090 in extension.

Alternative scenario: above 1.0940 look for further upside with 1.1000 & 1.1200 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

1.1200

1.1000

1.0940

1.0500 Last

1.0330

1.0090

0.9960

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-27-2024 at 08:44 UTC+1

Price reference: 1.0500 last known on 11-27-2024 at 08:44 UTC+1

Investment horizon: ST

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