EUR/USD Intraday: consolidation.

Limited Decrease
l
20250603101405840769a0653a81c18162e2d3ecd6670d
EURUSD+0%
2023-05-10 07:16Source:TC

Pivot: 1.0980

Our preference: short positions below 1.0980 with targets at 1.0955 & 1.0940 in extension.

Alternative scenario: above 1.0980 look for further upside with 1.1005 & 1.1025 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

1.1025

1.1005

1.0980

1.0976 Last

1.0955

1.0940

1.0925

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-10-2023 at 07:16 UTC+1

Price reference: 1.0976 last known on 05-10-2023 at 07:16 UTC+1

Investment horizon: INTRADAY

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