EUR/USD Intraday: intraday support around 1.0485.

Limited Increase
u
1675392761203
EURUSD+0%
2024-12-16 13:13Source:TC

Pivot: 1.0485

Our preference: long positions above 1.0485 with targets at 1.0520 & 1.0540 in extension.

Alternative scenario: below 1.0485 look for further downside with 1.0470 & 1.0450 as targets.

Comment: the RSI lacks momentum.

Supports and resistances:

1.0565

1.0540

1.0520

1.0493 Last

1.0485

1.0470

1.0450

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-16-2024 at 13:13 UTC+1

Price reference: 1.0493 last known on 12-16-2024 at 13:13 UTC+1

Investment horizon: INTRADAY

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