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EUR/USD Intraday: intraday support around 1.0505

Dec 5, 2024 10:21 AM
long positions above 1.0505 with targets at 1.0555 & 1.0575 in extension.
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Pivot: 1.0505
Our preference:
long positions above 1.0505 with targets at 1.0555 & 1.0575 in extension.
Alternative scenario:
below 1.0505 look for further downside with 1.0490 & 1.0475 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
1.0595
1.0575
1.0555
1.0533 Last
1.0505
1.0490
1.0475
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

EUR/USD
1.08586
0.00248
+0.23%
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