EUR/USD Intraday: under pressure.

Limited Decrease
l
20250603101405840769a0653a81c18162e2d3ecd6670d
EURUSD+0%
2023-05-04 16:01Source:TC

Pivot: 1.1065

Our preference: short positions below 1.1065 with targets at 1.0990 & 1.0975 in extension.

Alternative scenario: above 1.1065 look for further upside with 1.1090 & 1.1110 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.1110

1.1090

1.1065

1.1022 Last

1.0990

1.0975

1.0960

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-04-2023 at 16:01 UTC+1

Price reference: 1.1022 last known on 05-04-2023 at 16:01 UTC+1

Investment horizon: INTRADAY

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