EUR/USD Intraday: the bias remains bullish.

Limited Increase
u
1675392761203
EURUSD+0%
2024-12-05 02:49Source:TC

Pivot: 1.0480

Our preference: long positions above 1.0480 with targets at 1.0545 & 1.0565 in extension.

Alternative scenario: below 1.0480 look for further downside with 1.0460 & 1.0440 as targets.

Comment: the next resistances are at 1.0545 and then at 1.0565.

Supports and resistances:

1.0595

1.0565

1.0545

1.0512 Last

1.0480

1.0460

1.0440

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-05-2024 at 02:49 UTC+1

Price reference: 1.0512 last known on 12-05-2024 at 02:49 UTC+1

Investment horizon: INTRADAY

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