EUR/USD Intraday: the upside prevails.
Pivot: 1.0920
Our preference: long positions above 1.0920 with targets at 1.0960 & 1.0980 in extension.
Alternative scenario: below 1.0920 look for further downside with 1.0900 & 1.0880 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.1000
1.0980
1.0960
1.0930 Last
1.0920
1.0900
1.0880
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.
CM Trade Mobile Application
Economics Calendar
More