EUR/USD Intraday: further advance.

Limited Increase
u
20250603101405840769a0653a81c18162e2d3ecd6670d
EURUSD+0%
2024-08-05 03:42Source:TC

Pivot: 1.0880

Our preference: long positions above 1.0880 with targets at 1.0945 & 1.0970 in extension.

Alternative scenario: below 1.0880 look for further downside with 1.0850 & 1.0830 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

1.0990

1.0970

1.0945

1.0918 Last

1.0880

1.0850

1.0830

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-05-2024 at 03:42 UTC+1

Price reference: 1.0918 last known on 08-05-2024 at 03:42 UTC+1

Investment horizon: INTRADAY

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