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EUR/USD Intraday: under pressure.

2024-07-16
1137

Pivot: 1.0915

Our preference: short positions below 1.0915 with targets at 1.0875 & 1.0860 in extension.

Alternative scenario: above 1.0915 look for further upside with 1.0935 & 1.0950 as targets.

Comment: the RSI calls for a drop.

Supports and resistances:

1.0950

1.0935

1.0915

1.0891 Last

1.0875

1.0860

1.0845

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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