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EUR/USD Intraday: key resistance at 1.0610.

Nov 20, 2024 12:13 PM
short positions below 1.0610 with targets at 1.0530 & 1.0495 in extension.
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Pivot: 1.0610
Our preference:
short positions below 1.0610 with targets at 1.0530 & 1.0495 in extension.
Alternative scenario:
above 1.0610 look for further upside with 1.0660 & 1.0686 as targets.
Comment:
as long as 1.0610 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0686
1.0660
1.0610
1.0553 Last
1.0530
1.0495
1.0480
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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EUR/USD
1.05488
0.00101
+0.10%