EUR/USD Intraday: consolidation.

Limited Decrease
l
20250603101405840769a0653a81c18162e2d3ecd6670d
EURUSD+0%
2024-04-05 10:42Source:TC

Pivot: 1.0855

Our preference: short positions below 1.0855 with targets at 1.0820 & 1.0805 in extension.

Alternative scenario: above 1.0855 look for further upside with 1.0875 & 1.0890 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

1.0890

1.0875

1.0855

1.0841 Last

1.0820

1.0805

1.0790

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-05-2024 at 10:42 UTC+1

Price reference: 1.0841 last known on 04-05-2024 at 10:42 UTC+1

Investment horizon: INTRADAY

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