EUR/USD Intraday: the upside prevails.
EUR/USD (EUR/USD)
+0.00075+0.06%
long positions above 1.1710 with targets at 1.1760 & 1.1790 in extension.
Pivot: 1.1710
Our preference: long positions above 1.1710 with targets at 1.1760 & 1.1790 in extension.
Alternative scenario: below 1.1710 look for further downside with 1.1680 & 1.1655 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
1.1810
1.1790
1.1760
1.1734 Last
1.1710
1.1680
1.1655
Our preference: long positions above 1.1710 with targets at 1.1760 & 1.1790 in extension.
Alternative scenario: below 1.1710 look for further downside with 1.1680 & 1.1655 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
1.1810
1.1790
1.1760
1.1734 Last
1.1710
1.1680
1.1655
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