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EUR/USD Intraday: the downside prevails

Oct 1, 2024 9:47 AM
short positions below 1.1165 with targets at 1.1080 & 1.1050 in extension.
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Pivot: 1.1165
Our preference:
short positions below 1.1165 with targets at 1.1080 & 1.1050 in extension.
Alternative scenario:
above 1.1165 look for further upside with 1.1185 & 1.1205 as targets.
Comment:
the RSI is mixed.
Supports and resistances:
1.1205
1.1185
1.1165
1.1108 Last
1.1080
1.1050
1.0970
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

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