CM Trade

Download APP to receive bonus

GET

EUR/USD Intraday: bullish bias above 1.0775.

2024-02-12
1065

Pivot: 1.0775

Our preference: long positions above 1.0775 with targets at 1.0810 & 1.0830 in extension.

Alternative scenario: below 1.0775 look for further downside with 1.0760 & 1.0740 as targets.

Comment: a support base at 1.0775 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.0860

1.0830

1.0810

1.0790 Last

1.0775

1.0760

1.0740

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More