EUR/USD Intraday: testing the channel support.
EUR/USD (EUR/USD)
+0.00078+0.07%
long positions above 1.1710 with targets at 1.1755 & 1.1775 in extension.
Pivot: 1.1710
Our preference: long positions above 1.1710 with targets at 1.1755 & 1.1775 in extension.
Alternative scenario: below 1.1710 look for further downside with 1.1700 & 1.1690 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.
Supports and resistances:
1.1785
1.1775
1.1755
1.1725 Last
1.1710
1.1700
1.1690
Our preference: long positions above 1.1710 with targets at 1.1755 & 1.1775 in extension.
Alternative scenario: below 1.1710 look for further downside with 1.1700 & 1.1690 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.
Supports and resistances:
1.1785
1.1775
1.1755
1.1725 Last
1.1710
1.1700
1.1690
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