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Analysis

EUR/USD may rise to 1.0885 - 1.1015

BY Trading Central

|April 5, 2024

ST: supported by a rising trend line.

 ST: supported by a rising trend line.

Pivot

1.0690

Our preference

Long positions above 1.0690 with targets at 1.0885 & 1.1015 in extension.

Alternative scenario

Below 1.0690 look for further downside with 1.0630 & 1.0515 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

1.1140

1.1015

1.0885

1.0870 Last

1.0690

1.0630

1.0515

Number of asterisks represents the strength of support and resistance levels.

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