EUR/USD Intraday: turning down.

EUR/USD (EUR/USD)
+0.00060+0.05%
short positions below 1.1840 with targets at 1.1770 & 1.1740 in extension.
image
Pivot: 1.1840

Our preference: short positions below 1.1840 with targets at 1.1770 & 1.1740 in extension.

Alternative scenario: above 1.1840 look for further upside with 1.1870 & 1.1900 as targets.

Comment: as long as the resistance at 1.1840 is not surpassed, the risk of the break below 1.1770 remains high.

Supports and resistances:
1.1900
1.1870
1.1840
1.1794 Last
1.1770
1.1740
1.1720

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.
goTop
quote