EUR/USD may fall 23 - 38 pips
BY Trading Central
|October 14, 2024Intraday: under pressure.
Pivot
1.0950
Our preference
Short positions below 1.0950 with targets at 1.0900 & 1.0885 in extension.
Alternative scenario
Above 1.0950 look for further upside with 1.0965 & 1.0980 as targets.
Comment
As long as the resistance at 1.0950 is not surpassed, the risk of the break below 1.0900 remains high.
Supports and resistances
1.0980
1.0965
1.0950
1.0923 Last
1.0900
1.0885
1.0870
Number of asterisks represents the strength of support and resistance levels.
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