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EUR/USD Intraday: under pressure.

2023-10-05
644

Pivot: 1.0530

Our preference: short positions below 1.0530 with targets at 1.0480 & 1.0465 in extension.

Alternative scenario: above 1.0530 look for further upside with 1.0545 & 1.0565 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.0565

1.0545

1.0530

1.0502 Last

1.0480

1.0465

1.0450

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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