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EUR/USD Intraday: under pressure.

2023-10-04
428

Pivot: 1.0480

Our preference: short positions below 1.0480 with targets at 1.0445 & 1.0430 in extension.

Alternative scenario: above 1.0480 look for further upside with 1.0495 & 1.0510 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:

1.0510

1.0495

1.0480

1.0458 Last

1.0445

1.0430

1.0415

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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