EUR/USD Intraday: bullish bias above 1.0485.

Limited Increase
u
1675392761203
EURUSD+0%
2024-12-04 06:50Source:TC

Pivot: 1.0485

Our preference: long positions above 1.0485 with targets at 1.0535 & 1.0555 in extension.

Alternative scenario: below 1.0485 look for further downside with 1.0460 & 1.0440 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

1.0575

1.0555

1.0535

1.0517 Last

1.0485

1.0460

1.0440

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-04-2024 at 06:50 UTC+1

Price reference: 1.0517 last known on 12-04-2024 at 06:50 UTC+1

Investment horizon: INTRADAY

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