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EUR/USD Intraday: consolidation.
2023-10-19
517
Pivot: 1.0550
Our preference: short positions below 1.0550 with targets at 1.0520 & 1.0505 in extension.
Alternative scenario: above 1.0550 look for further upside with 1.0570 & 1.0590 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.0590
1.0570
1.0550
1.0541 Last
1.0520
1.0505
1.0490
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