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EUR/USD Intraday: under pressure.
2024-02-16
884
Pivot: 1.0780
Our preference: short positions below 1.0780 with targets at 1.0730 & 1.0715 in extension.
Alternative scenario: above 1.0780 look for further upside with 1.0795 & 1.0810 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.0810
1.0795
1.0780
1.0753 Last
1.0730
1.0715
1.0695
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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