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EUR/USD Intraday: further advance.

2024-07-12
1101

Pivot: 1.0860

Our preference: long positions above 1.0860 with targets at 1.0900 & 1.0915 in extension.

Alternative scenario: below 1.0860 look for further downside with 1.0845 & 1.0825 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

1.0930

1.0915

1.0900

1.0888 Last

1.0860

1.0845

1.0825

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.

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