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EUR/USD Intraday: expect 1.0915.

2024-01-16
914

Pivot: 1.0970

Our preference: short positions below 1.0970 with targets at 1.0930 & 1.0915 in extension.

Alternative scenario: above 1.0970 look for further upside with 1.0985 & 1.1000 as targets.

Comment: the RSI advocates for further downside.

Supports and resistances:

1.1000

1.0985

1.0970

1.0945 Last

1.0930

1.0915

1.0900

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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