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EUR/USD Intraday: look for 1.1520.
EUR/USD (EUR/USD)
+0.00092+0.08%
short positions below 1.1570 with targets at 1.1520 & 1.1500 in extension.
Pivot: 1.1570
Our preference: short positions below 1.1570 with targets at 1.1520 & 1.1500 in extension.
Alternative scenario: above 1.1570 look for further upside with 1.1590 & 1.1610 as targets.
Comment: as long as the resistance at 1.1570 is not surpassed, the risk of the break below 1.1520 remains high.
Supports and resistances:
1.1610 **
1.1590 ***
1.1570 ***
1.1546 Last
1.1520 ***
1.1500 **
1.1485 **
Our preference: short positions below 1.1570 with targets at 1.1520 & 1.1500 in extension.
Alternative scenario: above 1.1570 look for further upside with 1.1590 & 1.1610 as targets.
Comment: as long as the resistance at 1.1570 is not surpassed, the risk of the break below 1.1520 remains high.
Supports and resistances:
1.1610 **
1.1590 ***
1.1570 ***
1.1546 Last
1.1520 ***
1.1500 **
1.1485 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
