EUR/USD Intraday: bullish bias above 1.0520.

Nov 20, 2024 11:42 PM

long positions above 1.0520 with targets at 1.0565 & 1.0580 in extension.

Pivot: 1.0520
Our preference:
long positions above 1.0520 with targets at 1.0565 & 1.0580 in extension.
Alternative scenario:
below 1.0520 look for further downside with 1.0505 & 1.0490 as targets.
Comment:
the RSI calls for a rebound.
Supports and resistances:
1.0595
1.0580
1.0565
1.0544 Last
1.0520
1.0505
1.0490

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.

Related Instruments