EUR/USD Intraday: under pressure.
EUR/USD (EUR/USD)
-0.00014-0.01%
short positions below 1.1710 with targets at 1.1675 & 1.1660 in extension.
Pivot: 1.1710
Our preference: short positions below 1.1710 with targets at 1.1675 & 1.1660 in extension.
Alternative scenario: above 1.1710 look for further upside with 1.1725 & 1.1740 as targets.
Comment: as long as the resistance at 1.1710 is not surpassed, the risk of the break below 1.1675 remains high.
Supports and resistances:
1.1740
1.1725
1.1710
1.1698 Last
1.1675
1.1660
1.1645
Our preference: short positions below 1.1710 with targets at 1.1675 & 1.1660 in extension.
Alternative scenario: above 1.1710 look for further upside with 1.1725 & 1.1740 as targets.
Comment: as long as the resistance at 1.1710 is not surpassed, the risk of the break below 1.1675 remains high.
Supports and resistances:
1.1740
1.1725
1.1710
1.1698 Last
1.1675
1.1660
1.1645
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