EUR/USD Intraday: the downside prevails.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-12-11 11:14Source:TC

Pivot: 1.0545

Our preference: short positions below 1.0545 with targets at 1.0485 & 1.0450 in extension.

Alternative scenario: above 1.0545 look for further upside with 1.0565 & 1.0590 as targets.

Comment: as long as the resistance at 1.0545 is not surpassed, the risk of the break below 1.0485 remains high.

Supports and resistances:

1.0590

1.0565

1.0545

1.0502 Last

1.0485

1.0450

1.0300

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-11-2024 at 11:14 UTC+1

Price reference: 1.0502 last known on 12-11-2024 at 11:14 UTC+1

Investment horizon: INTRADAY

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