EUR/USD Intraday: consolidation in place.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-12-24 10:55Source:TC

Pivot: 1.0420

Our preference: short positions below 1.0420 with targets at 1.0380 & 1.0355 in extension.

Alternative scenario: above 1.0420 look for further upside with 1.0445 & 1.0465 as targets.

Comment: as long as the resistance at 1.0420 is not surpassed, the risk of the break below 1.0380 remains high.

Supports and resistances:

1.0465

1.0445

1.0420

1.0396 Last

1.0380

1.0355

1.0330

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-24-2024 at 10:55 UTC+1

Price reference: 1.0396 last known on 12-24-2024 at 10:55 UTC+1

Investment horizon: INTRADAY

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