EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-12-03 04:42Source:TC

Pivot: 1.0515

Our preference: short positions below 1.0515 with targets at 1.0460 & 1.0440 in extension.

Alternative scenario: above 1.0515 look for further upside with 1.0535 & 1.0550 as targets.

Comment: as long as the resistance at 1.0515 is not surpassed, the risk of the break below 1.0460 remains high.

Supports and resistances:

1.0550

1.0535

1.0515

1.0492 Last

1.0460

1.0440

1.0420

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-03-2024 at 04:42 UTC+1

Price reference: 1.0492 last known on 12-03-2024 at 04:42 UTC+1

Investment horizon: INTRADAY

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