EUR/USD Intraday: the upside prevails

Dec 26, 2024 11:39 PM

long positions above 1.0400 with targets at 1.0435 & 1.0450 in extension.

Pivot: 1.0400
Our preference:
long positions above 1.0400 with targets at 1.0435 & 1.0450 in extension.
Alternative scenario:
below 1.0400 look for further downside with 1.0385 & 1.0370 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
1.0470
1.0450
1.0435
1.0422 Last
1.0400
1.0385
1.0370

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