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EUR/USD Intraday: under pressure.

2024-02-21
900

Pivot: 1.0820

Our preference: short positions below 1.0820 with targets at 1.0780 & 1.0760 in extension.

Alternative scenario: above 1.0820 look for further upside with 1.0840 & 1.0855 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.0855

1.0840

1.0820

1.0795 Last

1.0780

1.0760

1.0740

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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