EUR/USD Intraday: Risk escalating
EUR/USD (EUR/USD)
+0.00041+0.04%
The downside prevails as long as 1.1392 is resistance, with 1.1337 and 1.1324 as targets
Our pivot point is at 1.1392.
Our preference: The downside prevails as long as 1.1392 is resistance, with 1.1337 and 1.1324 as targets
Alternative scenario: above 1.1392, look for 1.1415 and 1.1428.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
1.1428 **
1.1415 *
1.1392 **
1.1384 last
1.1337
1.1324 **
1.1310 *
Our preference: The downside prevails as long as 1.1392 is resistance, with 1.1337 and 1.1324 as targets
Alternative scenario: above 1.1392, look for 1.1415 and 1.1428.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
1.1428 **
1.1415 *
1.1392 **
1.1384 last
1.1337
1.1324 **
1.1310 *
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