EUR/USD Intraday: consolidation in place.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-12-20 12:58Source:TC

Pivot: 1.0415

Our preference: short positions below 1.0415 with targets at 1.0340 & 1.0295 in extension.

Alternative scenario: above 1.0415 look for further upside with 1.0440 & 1.0465 as targets.

Comment: as long as the resistance at 1.0415 is not surpassed, the risk of the break below 1.0340 remains high.

Supports and resistances:

1.0465

1.0440

1.0415

1.0393 Last

1.0340

1.0295

1.0270

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-20-2024 at 12:58 UTC+1

Price reference: 1.0393 last known on 12-20-2024 at 12:58 UTC+1

Investment horizon: INTRADAY

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